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
Units Materials Conversion
Work in process, October 1 50,000 85% 65%
Work in process, October 31 29,000 74% 51%
The department started 388,000 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.

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

Units Materials Conversion

Work in process, October 1 50,000 85% 65%

Work in process, October 31 29,000 74% 51%

The department started 388,000 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.

Explanation:

answer; common market;

answer; marketing resource management;