Exercise 5-2 Equivalent Units of Production-Weighted-Average Method [LO5-2] Clonex Labs, Inc., 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 Units 47,000 31,000 Percent Completed Materials Conversion 90% 60% 73% 52% The department started 391,000 units into production during the month and transferred 407,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production