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

Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for on department for October:
\table[[,,Percent,Completed],[Work in process, October 1,Units,Materials,Conversion,],[Work in process, October 31,48,000,95%,55%,],[,27,000,66%,48%,]]
The department started 393,000 units into production during the month and transferred 414,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
\table[[,Materials,Conversion],[Equivalent units of production,,]]
Clonex Labs, Incorporated, uses the weighted-average method in its process costing

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