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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 46,000 31,000
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units 46,000 31,000 Equivalent units of production Percent Completed Materials Work in process, October 1 90% 70% Work in process, October 31 The department started 397,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion 55% 47% Conversion
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