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Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Work in process,
Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 28,60 Percent Completid Units Materials Conversion 58% 29% 18,000 79% 41% The department started 170,000 units into production during the month and transferred 180,000 completed units to the next department Required: Compute the equivalent units of production for materials and conversion for October Materials Conversion Equivalent units of production
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