Prepare journal entries to record items (a) through (f) above. 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 Units Materials Conversion 30% 40% Work in process, October 31 . .. ..1 15,000 80% 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