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rcises (1 pt) Saved Help Save & Exi Check Clonex Labs, Inc., uses the weighted-average method in its process costing system.
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Materials Conversion
Equivalent units of production            4,27,720                   4,19,880
Workings:
Cost per Equivalent Units of production - weighted average method Units % Materials EUP - Materials % Conversion EUP - Conversion
Units completed and transferred out            4,07,000 100%            4,07,000 100%       4,07,000
Add: Ending work - in - process inventory units                28,000 74%                20,720 46%           12,880
Total EUP            4,35,000            4,27,720       4,19,880
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