ezto.mheducation.com Chapter 4 home work Clonex Labs, Inc., Uses A Process Costi

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ezto.mheducation.com Chapter 4 home work Clonex Labs, Inc., Uses A Process Costing System. I Chegg.com Chapter 4 home work instructions I help Question 2 (of 6) save & Exit! Submit 2. 10.00 points Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October Percent Units Materials Conversion 53,000 90% Work in process, Work October 1 60% 54% in process, October 31 25,000 75% The department started 382,000 units into production during the month and transferred 410,000 completed units to the next department. Required Compute the equivalent units of production for October, assuming that the company uses the weighted- average method of accounting for units and costs. Materials Conversion Equivalent units of production Hints References eBook & Resources Hint #1

Explanation / Answer

equivalent unit of production :

Material Conversion Units completed and transferred out 410000 410000 Ending work in process 25000*75%=18750 25000*54%=13500 Equivalent unit of production 428750 423500

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