Exercise 4-2 Equivalent Units of Production-Weighted-Average Method [LO 4-2] Clonex Labs, Inc., 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 49,000 25,000 85% 68% 60% 49% The department started 383,000 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. Materials Conversion Equivalent units of production