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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

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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 Units Materials Conversion Work in process, October 1 48,000 Work in process, October 31 32,000 85% 75% 60% 50% The department started 395,000 units into production during the month and transferred 411,000 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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