question lindex company uses a process costing system the following dataare availabl 4293997
Lindex Company uses a process costing system. The following dataare available for one department for October:
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.