Question: Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units 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: Units Percent Completed Materials Conversion Work in process, October 1 48,000 90% 60% Work in process, October 31 37,000 67% 55% The department started 395,000 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.

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