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 on department for October: Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 46,000 32,000 85% 70% 65% 53% The department started 395,000 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. Equivalent units of production Materials Conversion