Itranscript Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October Work
Itranscript 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 Units 55,000 29,000 Percent Completed Materials Conversion 658 45% Work in process, October 31 901 661 The department started 387,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production Materials Conversion
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