Exercise 5-2 (Algo) Equivalent Units of ProductionWeighted-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: Units Percent Completed Materials Conversion Work in process, October 1 51,000 95% 55% Work in process, October 31 31,000 72% 54% The department started 393,000 units into production during the month and transferred 413,000 completed units to the next department