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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
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 Materials Conversion 85 % 65% 68% 51% Units 46,000 36,000 Work in process, October 1 Work in process, October 31 The department started 402,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
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