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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: The department started 400,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for October. Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses proces costing, appear below: A total of 21,800 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. (For all requirements, round your final answers to the nearest whole dollar amount.)
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