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 52,000 90% 55%
Work in process, October 31 30,000 74% 49%

The department started 387,000 units into production during the month and transferred 409,000 completed units to the next department.

Required:

Compute the equivalent units of production for October.Clonex Labs, Incorporated, uses the weighted-average method in its process costing system.

Exercise 5-2 (Algo) Equivalent Units of Production-Weighted-Average Method [LO 5-2] Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: The department started 387,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for October

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