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

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Accounting

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
Work in process, October 153,00090%65%
Work in process, October 3136,00072%54%
The department started 389,000 units into production during the month and transferred 406,000 completed units to the next department.Exercise 4-2(Algo) Equivalent Units of Production-Weighted-Average Method
[LO 4-2]
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are
available for one department for October:
The department started 389,000 units into production during the month and transferred 406,000
completed units to the next department.
Required:
Compute the equivalent units of production for October.
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