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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 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:
Units | Percent Completed | ||
Materials | Conversion | ||
Work in process, October 1 | 52,000 | 90% | 60% |
Work in process, October 31 | 36,000 | 67% | 49% |
The department started 397,000 units into production during the month and transferred 413,000 completed units to the next department. Compute the equivalent units of production for October.
Materials Conversion Equivalent units of production
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