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Clonex Labs, Incorporated, uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed
Clonex Labs, Incorporated, 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 54,000 90% 55% Work in process, October 31 35,000 70% 54% The department started 391,000 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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