Reference no: EM132502007

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                  51,000                                90%                                              60%

Work in process, October 31                    32,000                              71%                                             48%

The department started                              388,000

units into production during the month and transferred 407,000 completed units to the next department.

Required:

Question 1: Compute the equivalent units at production for October, assuming that the company uses the weighted-average method of accounting for units and costs