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Clonex Labs, Inc, uses the weighted average method in its process costing system. The following...

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Accounting

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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 Materials Conversion 85% 55 67% 54% Units 47,000 27,000 Work in process, October 1 Work in process, October 31 The department started 391,000 units into production during the month and transferred 411,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production cos

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