Question

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:

Percent Completed
Units Materials Conversion
Work in process, October 1 50,000 85 % 55 %
Work in process, October 31 39,000 69 % 51 %

The department started 395,000 units into production during the month and transferred 406,000 completed units to the next department.

Required:

Compute the equivalent units of production for October.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Equivalent units Equivalent units of production material conversion 406000 units trans ferd out 406000 19890 Ending wil 26910

Add a comment
Know the answer?
Add Answer to:
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...

    Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion 48,000 85% 55% 28,000 75% 54% Work in process, October 1 Work in process, October 31 The department started 386,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production

  • Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...

    Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85 % 65% 68% 51% Units 46,000 36,000 Work in process, October 1 Work in process, October 31 The department started 402,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production

  • Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...

    Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: 10 points Percent Completed Units Materials Conversion 48,000 85% 65% 39,000 73% 46% Work in process, October 1 Work in process, October 31 Skipped eBook The department started 402,000 units into production during the month and transferred 411,000 completed units to the next department Hint Required: Compute the equivalent units of production for October. Print References Materials...

  • Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...

    Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85% 65% 71% 55% Units 48,000 28,eee Work in process, October 1 Work in process, October 31 The department started 387,000 units into production during the month and transferred 407,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production

  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

    Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 52,000 85 % 55 % Work in process, October 31 34,000 68 % 49 % The department started 392,000 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. Materials Conversion Equivalent units of...

  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

    Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 74% 46% Units 45,000 40,000 Work in process, October 1 Work in process, October 31 The department started 406,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production

  • Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...

    Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 51,000 85% 65% 38,000 67% 55 % The department started 392,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October.

  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

    Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 45,000 85 % 55 % Work in process, October 31 36,000 68 % 54 % The department started 403,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October.

  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

    Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 53,000 90 % 60 % Work in process, October 31 40,000 73 % 53 % The department started 395,000 units into production during the month and transferred 408,000 completed units to the next department. Required: Compute the equivalent units of production for October. Clonex Labs, Inc., uses the...

  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...

    Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 95% 50% 65% Units 54,000 39,000 Work in process, October 1 Work in process, October 31 The department started 399,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT