Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are availa
Posted: Tue Jul 05, 2022 11:22 am
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Work in process, October 1 Work in process, October 31 Units 48,000 39,000 Equivalent units of production Percent Completed Conversion 60% 50% Materials The department started 399,000 units into production during the month and transferred 408,000 completed units to the next department. Materials 90% 68% Required: Compute the equivalent units of production for October. Conversion