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Exercise 4-2 Computation of Equivalent Units-Weighted-Average Method LO4-2] Clonex Labs, Inc., uses a process costing system. The following data are available for one department for
Exercise 4-2 Computation of Equivalent Units-Weighted-Average Method LO4-2] Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October Percent Complet 95% 69% Units Materials Conversio Work in process, October 60% Work in process, October 31 37,000 48% 00 units into production during the month and transferred 410,000completed units to the next department Required Compute the equivalent unts of production for Oetober, assuming that the company uses the weighted- average method of accounting for units and costs Materials Conversion Equivalent units of production
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