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Lindex Company uses a process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process,
Lindex Company uses a process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process, October 1 52,000 85% 60% Work in process, October31 40,000 66% 49% The department started 400,000 units into production dunng the month and transferred 412,000 completed units to the next department Required: Compute the equivalent units of production for October. assuming that the company uses the weighted-average method of accounting for units and costs. Materials Conversion. Equivalent units of production _______________ _________________
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