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

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Accounting

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Save Clonex Labs, Incorporated, 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 1 47,000 90% 55% Work in process, October 31 31,000 71% 54% The department started 395,000 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 Conversion Materials 433,010 Equivalent units of production

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