Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units 48,000 35,000 Equivalent units of production Percent Completed Materials Materials 95% 72% Work in process, October 1 Work in process, October 31 The department started 400,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Conversion 60% 47% Conversion

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 400,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October