Clonex Labs, Inc, uses the weighted-average method in its process costing systemThe following data are available for one department for October Work in process, October Work in process, October 31 units Percent Completed Materials Conversion 67% 46 The department started 397,000 units into production during the month and transferred 406,000 completed units to the next department Required: Compute the equivalent units of production for October

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% 67% 46% Units 49, 000 40,000 Work in process, October 1 Work in process, October 31 The department started 397,000 units into production during the month and transferred 406,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production