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 Units

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 95% 74% Conversion Work in process, October 1 Work in process, October 31 53,000 34,000 60% 54% The department started 389,000 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. Materials Conversion Equivalent units of production
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