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: Work in process, October 1 Work in process, october 31 Units Materials Conversion 46,000 34,000 95 % 67% 60% 49 % The department started 397,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production