Question: 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
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 Mork in process, October 1 Work In process, October 31 Units Haterials Conversion 52,000 37,000 95% 73% 60% 47% The department started 398,000 units into production during the month and transferred 413,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production Help
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