Clonex Labs, Inc., uses the weighted average method in its process costing system. The following...
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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: Work in process, October 1 Work in process, October 31 Units 51,000 30,000 Percent Completed Materials Conversion 55% 72% 54% The department started 393.000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
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