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Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one d
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beginning work in process 48,000 completed & transferred 407,000
started during the year 387,000 Ending work in process 28,000
units to be accounted 435,000 units accounted for 435,000
Equivalent units
units % mater Materials %cc CC
completed & transferred 407,000 100% 407,000 100% 407,000
Ending work in process 28,000 71% 19,880 55% 15400
Equivalent units 435,000 426,880 422,400
Materials CC
Equivalent units 426,880 422,400
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