Calculate the equivalent units of production for october

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Reference no: EM13127974

Lindex Company uses a 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 90% 60%
Work in process, October 31 30,000 70% 50%

The department started 390,000 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.

Reference no: EM13127974

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