Question: Clonex Labs, Inc, uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process,
Clonex Labs, Inc, uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Units 54, eee 26,000 Percent Completed Materials Conversion 95% 60% 71% 46% The department started 385,000 units into production during the month and transferred 413,000 completed units to the nex department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
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