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 49,000 90% 65%
Work in process, October 31 32,000 69% 49%
The department started 395,000 units into production during the month and transferred 412,000 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.