Question: (4.2) Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed

(4.2) Clonex Labs, Inc., uses the weighted-average method in its process costing(4.2)

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85% 60% 74% 50% Units 50,000 37,000 Work in process, October 1 Work in process, October 31 The department started 401,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production

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