Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units Percent Completed Materials Conversion Work in process, October 1 46,000 85% 65% Work in process, October 31 32,000 67% 54% The department started 391,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production: Material - Conversion -
Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Units Percent Completed Materials Conversion Work in process, October 1 46,000 85% 65% Work in process, October 31 32,000 67% 54% The department started 391,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October. Equivalent units of production: Material - Conversion -
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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:
| Units | Percent Completed | ||
|---|---|---|---|
| Materials | Conversion | ||
| Work in process, October 1 | 46,000 | 85% | 65% |
| Work in process, October 31 | 32,000 | 67% | 54% |
The department started 391,000 units into production during the month and transferred 405,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
Equivalent units of production:
Material -
Conversion -
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