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

The department started 400,000 units into production during the month and transferred 409,000 completed units to the next department.

Required:

Compute the equivalent units of production for October.

Exercise 4-2 Equivalent Units of Production-Weighted-Average Method [LO 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 Units Materials Conversion Work in process, October 1 46,000 90% 55% Work in process, October 31 37,000 74% 49% The department started 400,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for October. 9 Answer is complete but not entirely correct. Equivalent units of production 27,330 0 13,130 9