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Business, 21.12.2019 02:31 tbixler2021

Clonex labs, inc., uses a process costing system. the following data are available for one department for october:
percent completed
units materials conversion
work in process, october 1 54,000 95% 60%
work in process, october 31 30,000 75% 46%
the department started 385,000 units into production during the month and transferred 409,000 completed units to the next department.
required:
1. compute the equivalent units of production for october, assuming that the company uses the weighted-average method of accounting for units and costs.

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