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 Units Materials Conversion Work in process, October 1 30, eee 65% Work in process, October 31 15,000 40% 30% 80% The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production Required information Wartba Proes Tennened Out pe here to search Required information Consider the following information from the records of Bennington Corporation. The company uses the weighted average method. Brining Department Materials Conversion Equivalent units of production 1,670 1,660 Costs of beginning work in process $ 250 $ 350 Costs added during the period $2,255 $ 3,385 Knowledge Check 01 When computing the cost per equivalent unit for conversion, what is the total cost that will be included in the numerator of that calculation? O $3.735 O $2.255 O $5,640 O $6.240 Knowledge Check 02 What is the cost per equivalent unit for conversion? a $1.50 $1.67 $2.20 $2.25 here to search