EXERCISE 5-2 Equivalent Units of Production-Weighted-Average Method L05-2 Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion 65% 30% Work in process, October 1 Work in process, October 31 30,000 15,000 80% 40% The department started 175,000 units into production during the month and transferred 190,000 com- pleted units to the next department. Required: Compute the equivalent units of production for October