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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: Work in process,
Clonex Labs, Inc., uses the weighted-average 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 Percent Completed Units Materials Conversion 45,000 95% 65% 30,000 66% 50% The department started 395,000 units into production during the month and transferred 410,000 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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