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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. Units Materials Conversion
Clonex Labs, Inc. uses the weighted-average method in its process costing system. The following data are available for one department for October.
Units Materials Conversion
Work in Process, October 1 47, 000 90% 60%
Work in Process, October 31 29, 000 68% 54%
The department started 394,000 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.
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