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 Units Materials Conversion Work in process, October 1 Work in process, October 31 51,000 37,000 95% 75% 65% 49% The department started 398,000 units into production during the month and transferred 412,000 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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