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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 September: Units 20,000 10,000
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for September: Units 20,000 10,000 Units transferred out Equivalent units in ending work in process inventory: Materials Conversion Equivalent units of production Percent Completed Materials Conversion 70% 40% 75% 50% Work in process, September 1 Work in process September 30 The department started 170,000 units into production during the month and transferred 180,000 completed units to the next department 4. Compute the equivalent units of production for materials and conversion for September. (20 points) Equivalent Units of Materials Conversion +
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