Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
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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 Work in process, October 1 Work in process, October 31 49,000 40,000 85% Conversion 60% 67% 49% The department started 399,000 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. 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 Work in process, October 1 Work in process, October 31 49,000 40,000 85% Conversion 60% 67% 49% The department started 399,000 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.
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