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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 | 46,000 | 85% | 60% |
Work in process, October 31 | 37,000 | 74% | 54% |
The department started 401,000 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 and Conversion) .
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