In the computation of the manufacturing cost per equivalent unit, the weighted-average method of process costing considers:
A) current costs only.
B) current costs plus cost of beginning Work-in-Process Inventory.
C) current costs plus cost of ending Work-in-Process Inventory.
D) current costs less cost of beginning Work-in-Process Inventory.

Question

Quizplus · Accepted Answer

The weighted-average method combines the costs of beginning Work-in-Process Inventory with the current period's costs to compute the cost per equivalent unit.

In the Computation of the Manufacturing Cost Per Equivalent Unit