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Exercise 4 - 2 ( Algo ) Equivalent Units of Production Weighted - Average Method [ LO 4 - 2 ] Clonex Labs, Incorporated, uses

Exercise 4-2(Algo) Equivalent Units of ProductionWeighted-Average Method [LO 4-2]
Clonex Labs, Incorporated, uses the weighted-average method of process costing. The following data are available for one department for October:
Units Percent Completed
Materials Conversion
Work in process, October 152,00085%55%
Work in process, October 3127,00072%53%
The department started 386,000 units into production during the month and transferred 411,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
Find the equivilent units of production for materials and conversion.

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