Question: 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

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

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 90% 60 % 73% 49% Units 52,000 36,000 Work in process, October 1 Work in process, October 31 The department started 389,000 units into production during the month and transferred 405,000 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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