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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

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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 Percent Completed Work in process, October 1 Work in process, October 31 46,080 98% 68% 65% 50% 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 units of

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