Question: Clonex Labs, Incorporated, uses the weighted average method in its process costing system. The following data are available for one department for October: 60% Percent

 Clonex Labs, Incorporated, uses the weighted average method in its process

Clonex Labs, Incorporated, uses the weighted average method in its process costing system. The following data are available for one department for October: 60% Percent Completed Units Materials Conversion Work in process, October 1 50,000 90% Work in process, October 31 28,000 74% 46% The department started 391,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production

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