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.,

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 or department for October Percent completed Materials Conversion 85X 60% 232 47% Units 47,00 29,000 Work in process, October 1 Work in process, October 31 The department started 393,000 units into production during the month and transferred 411,000 completed units to the ne department Required: Compute the equivalent units of production for October Equivalent units of production

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