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 |
48,000 |
95% |
60% |
| Work in process, October 31 |
29,000 |
66% |
50% |
|
|
The department started 386,000 units into production during the month and transferred 405,000 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.
|