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In: AccountingClonex Labs, Inc., uses the weighted-average method in itsprocess costing system. The following data are...Clonex Labs, Inc., uses the weighted-average method in itsprocess costing system. The following data are available for onedepartment for October:Percent CompletedUnitsMaterialsConversionWork in process,October 153,00095%65%Work in process, October 3136,00071%53%The department started 394,000 units into production during themonth and transferred 411,000 completed units to the nextdepartment.What is the Equivalent of production for Materials andConversion?
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