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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 48,000 30,000
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units 48,000 30,000 Percent Completed Materials 90% 66% Conversion 65% 48% Work in process, October 1 Work in process, October 31 The department started 396,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October.
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