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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 Materials Work
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October Units Materials Work in process, October 1 Work in process, October 31 50,000 36,000 85% Percent Completed Conversion 60% 72% 51% The department started 392,000 units into production during the month and transferred 406,000 completed units to the next department Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion
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