Exercise 4-2 (Algo) Equivalent Units of Production-Weighted-Average Method [LO 4-2] Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units Work in process, October 1 47,000 29,000 Work in process, October 31 Percent Completed Materials: 95% 70% Conversion 60% 49% The department started 395,000 units into production during the month and transferred 413,000 completed units to the next department.. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion