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Compute the equivalent units of production for october

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Question - Clonex Labs, Inc., 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

46,000

90%

55%

Work in process, October 31

37,000

74%

49%

The department started 400,000 units into production during the month and transferred 409,000 completed units to the next department.

Required - Compute the equivalent units of production for October.

Reference no: EM132570548

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