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

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 47,000 905 60 Work in process, October 31 20,000 735 516 The department started 393,000 units into production during the month and transferred 412,000 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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