Exercise 5-2 (Algo) Equivalent Units of Production-Weighted-Average Method [LO 5-2] Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Percent Completed Units 45,000 27,000 Materials Conversion 90% 65% 55% 48% The department started 392,000 units into production during the month and transferred 410,000 completed units to the next department Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion