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Clonex Labs, Incorporated, uses weighted-average method in its process costing system. The following data are available for one department in October: Percent completed Units MaterialsConversionWork
Clonex Labs, Incorporated, uses weighted-average method in its process costing system. The following data are available for one department in October:
Percent completed Units MaterialsConversionWork in process, October 152,00090%55%Work in process, October 3125,00070%52%
The department started 383,000 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 ConversionEquivalent units of production
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