Question: Clonex Labs, Incorporated, uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed
Clonex Labs, Incorporated, uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process, October 1 48,000 904 604 Work in process, October 31 27,000 678 484 The department started 384,000 units into production during the month and transferred 405,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production 361
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