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Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in

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Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process, October 1 Work in process, October 31 30% 40% 30,000 65% 15,000 80% The departmen units to the next department t started 175,000 units into production during the month and transferred 190,000 completed Required: Compute the equivalent units of production for October, assuming that the company uses the weighted- average method of accounting for units and costs. MaterialsConversion Equivalent units of production

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