Exercise 5-2 Equivalent Units of Production-Weighted Average Method [LO5-2] 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 Materials Conversion 955 505 754 540 Unita 48,000 27,000 Work in process, October 1 Work in process, October 31 The department started 391,000 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