3 Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: 20 points Percent Completed Units MaterialsConversion 50,000 work in process, October 1 Work in process, October 31 95 60% 36,000 72% 50% The department started 394,000 units into production during the month and transferred 408,000 completed units to the next department. Required Compute the equivalent units of production for October Answer is complete but not entirely Materials Conversion 54,00 Equivalent units of production