( PLEASE NOTE : THIS QUESTION ALREADY ANSWERED BUT IT HAS MISTAKES IN IT, PLEASE HELP ME CORRECT THE

( PLEASE NOTE : THIS QUESTION ALREADY ANSWERED BUT IT HAS MISTAKES IN IT, PLEASE HELP ME CORRECT THEM) Exercise 4-2 Equivalent Units of Production-Weighted Average Method [LO 4-2] 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 i Work in process, October 31 Percent Completed Units Materials Conversion 47,000 95% 60% 34,000 71% 49% 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. Answer is complete but not entirely correct. Materials Conversion Equivalent units of 22,230 19,370 production