1 of 3 EXERCISE 1: Computation of Equivalent Units-Weighted-Average Method Lindex Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during October is given below: Equivalent Units of Production Work in process, October 1. Work in process, October 31. Units 50,000 . 30,000 Percent Completed Materials 90% 70% Conversion 60% 50% The department started 390,000 units into production during the month and transferred 410,000 completed units to the next department. Required: Compute the equivalent units of production for the first department for October, assuming that the company uses the weighted-average method of accounting for units and costs.