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 311 Percent Completed Units 50,000 33,000 Materials 95% Conversion 60% 71% 521 The department started 394,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion