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1.Award: 0.00 pointsClonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:Percent CompletedUnitsMaterialsConversionWork in process, October 130,00065%30%Work in process, October 3115,00080%40%The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department.Required:Compute the equivalent units of production for October.MaterialsConversionEquivalent units of production202,000196,000Hint #1ReferencesWorksheetDifficulty: 1 EasyLearning Objective: 04-02 Compute the equivalent units of production using the weighted-average method.Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:Percent CompletedUnitsMaterialsConversionHints1/15/2018...Page 2 of 3Assignment Print View
Work in process, October 130,00065%30%Work in process, October 3115,00080%40%The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department.Required:Compute the equivalent units of production for October.

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