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Category > Accounting Posted 17 Dec 2017 My Price 10.00

Equivalent Units-Weighted-Average Method [LO 4-2]

Exercise 4-2 Computation of Equivalent Units-Weighted-Average Method [LO 4-2]

Clonex Labs, Inc., uses a process costing system. The following data are available for one department

for October:

 

 Percent Completed

 UnitsMaterialsConversion  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, assuming that the company uses the weighted-average 

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CourseLover
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Status NEW Posted 17 Dec 2017 09:12 AM My Price 10.00

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