Cost Accounting: Clonex Labs, Incorporated, uses the weighted-average method of process costing

11 months ago
25

Clonex Labs, Incorporated, uses the weighted-average method of process costing. The following data are available for one department for October:

Units Percent Completed
Materials Conversion
Work in process, October 1 51,000 90% 65%
Work in process, October 31 35,000 70% 53%
The department started 393,000 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.

#CostAccounting
#Techniques
#Accounting

Loading comments...