Exercise 5-2 Equivalent Units of Production-Weighted-Average Method [L Clonex Labs, Inc., uses the weighted-average method in its process costing system. The follow department for October: Work in process, October 1 Work in process, October 31 Units Materials 90% 68% 46,000 30,000 Equivalent units of production Percent Completed The department started 391,000 units into production during the month and transferred 407,0 department. Required: Compute the equivalent units of production for October. Materials Conversion Conversion 65% 50%
Exercise 5-2 Equivalent Units of Production-Weighted-Average Method [L Clonex Labs, Inc., uses the weighted-average method in its process costing system. The follow department for October: Work in process, October 1 Work in process, October 31 Units Materials 90% 68% 46,000 30,000 Equivalent units of production Percent Completed The department started 391,000 units into production during the month and transferred 407,0 department. Required: Compute the equivalent units of production for October. Materials Conversion Conversion 65% 50%
Chapter1: Financial Statements And Business Decisions
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![Exercise 5-2 Equivalent Units of Production-Weighted-Average Method [LO5-2]
Clonex Labs, Inc., 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
Percent Completed
Units Materials
46,000
90%
30,000
68%
Equivalent units of production
The department started 391,000 units into production during the month and transferred 407,000 completed units to the next
department.
Required:
Compute the equivalent units of production for October.
Materials Conversion
Conversion
65%
50%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0c155639-db97-4ebf-8254-b8235b5f3c50%2F229a07ae-d907-4c7e-b56d-114bd33d92d3%2F7859bea_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 5-2 Equivalent Units of Production-Weighted-Average Method [LO5-2]
Clonex Labs, Inc., 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
Percent Completed
Units Materials
46,000
90%
30,000
68%
Equivalent units of production
The department started 391,000 units into production during the month and transferred 407,000 completed units to the next
department.
Required:
Compute the equivalent units of production for October.
Materials Conversion
Conversion
65%
50%
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