Question: k Clonex Labs, Incorporated, uses the weighted-average method of process costing. The following data are available for one department for October: Percent Completed Units
k Clonex Labs, Incorporated, uses the weighted-average method of process costing. The following data are available for one department for October: Percent Completed Units Materials Work in process, October 1 49,000 39,000 85% 73% Work in process, October 31 Conversion 55% 47% The department started 395,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion
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