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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 Units
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 48,000 95 % 55 % Work in process, October 31 30,000 65 % 49 % The department started 393,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Assignment 3-1 Week 3 Practice Saved Help Save & Exit Submit Check my work 2 Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent leted Units Materials Conversion 48,000 30,000 oints Work in process, October 1 Work in process, October 31 95 ? 65 % 55? 49 ? Hint The department started 393,000 units into production during the month and transferred 411,000 completed units to the next department. Print References Required: Compute the equivalent units of production for October. Materials Equivalent units of productionStep by Step Solution
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