Clonex Labs, Incorporated, uses the weighted-average method of process costing. The following data are available for one department for October: Units Percent Completed Materials Work in process, October 1 48,000 29,000 85% 72% Conversion 55% 49% Work in process, October 31 The department started 387,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion