Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for Uctober. Percent Completed Materials Units Conversion Work in Process, October 1 Work in Process, 47,000 90% 65% October 31 36,000 69% 47% The department started (added) 399,000 units into production during the mooth and transferred 410,000 completed units to the next department. Compute the equivalent units of production with respect to Materials for October. 426,920 units 434840 units 400,000 units 430.000 unis

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Clonex Labs, Incorporated, 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
47,000
90%
65%
Work in Process,
October 31
36,000
69%
47%
The department started (added) 399,000 units into production during the month and transferred 410,000 completed units to the next department.
Compute the equivalent units of production with respect to Materials for October.
426,920 units
434,840 unita
400,000 units
430,000 units
O0O C
Transcribed Image Text:Clonex Labs, Incorporated, 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 47,000 90% 65% Work in Process, October 31 36,000 69% 47% The department started (added) 399,000 units into production during the month and transferred 410,000 completed units to the next department. Compute the equivalent units of production with respect to Materials for October. 426,920 units 434,840 unita 400,000 units 430,000 units O0O C
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