Question

Lindex Company uses a process costing system. The following dataare available for one department for October:

                                  Percent Completed

                                   Units      Materials            Conversion

Work in Process: October 1      53,000  95%              65%

Work in Process: October 31    26,000   67%          52%

The department started 380,000 units into production during themonth and transferred 407,000 completed units to the nextdepartment.

Required: Compute the equivalent unitsof production for October (materials and conversion), assuming thatthe company uses the weighted-average method of accounting forunits and costs.