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Exercise 4-2 Computation of Equivalent Units-Weighted-Average Method[LO2] Lindex Company uses a process costing system. The following data are available for one department for October Percent

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Exercise 4-2 Computation of Equivalent Units-Weighted-Average Method[LO2] Lindex Company uses a process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process, October 1 52,000 85% 60% Work in process, October31 40,000 6% 49% The department started 400,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October, 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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