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 Work in process, October 1 Work in process, October 31 Units 53,000 36,000 Materials Conversion 95% 70% 55% 46% The department started 390,000 units into production during the month and transferred 407,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion

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