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 54,000 35,000

Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for on department for Octobet The department started 395,000 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 (8) Answer is complete but not entirely correct. \begin{tabular}{lrrrr} & & \multicolumn{3}{c}{ Percent Completed } \\ \cline { 3 - 4 } & & Units & Materials & Conversion \\ Work in process, October 1 & 54,000 & 85% & 60% \\ Work in process, October 31 & 35,000 & 69% & 54% \end{tabular}
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