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 Work in process, October 1 Work in process, October 31 Units Materials Conversion 51,000 34,000 75% 85% 60% 53% The department started 389,000 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. Materials Conversion Equivalent units of production