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United Clinical Laboratories is a medical laboratory located in Minnesota. United Clinical Laboratories uses the weighted-average method in its process costing system. For the month of August, the following data are available for one department Work in process, auguel Work in process, August 31 Percent Completed Units Materials Conversion 48,000 900 601 39,000 700 510 The department started 396,000 units into production during the month and transferred 405,000 completed units to the next department Required: Compute the equivalent units of production for August Materials Conversion Equivalent unts of production
United Clinical Laboratories is a medical laboratory located in Minnesota, United Clinical Laboratories uses the weighted average method in its process costing system. For the month of August, the following data are available for one department: August Percent Completed Materials Conversion 90 60 70 510 Units 48,000 39.000 Work in process, 2 Work in process, August 31 The department started 396,000 units into production during the month and transferred 405,000 completed units to the next department Required: Compute the equivalent units of production for August. Materials Conversion + Equivalent units of production 3 ences