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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. Units 54,000 35,000
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October. Units 54,000 35,000 Equivalent units of production Percent Completed Materials Work in process, October 1 85% 69% Work in process, October 31 The department started 395,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials fata Foist Conversion 60% 54% Conversion
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