In a process-costing system average unit costs are calculated ________.
A) by dividing total costs in a given accounting period by total units produced in that period
B) by multiplying total costs in a given accounting period by total units produced in that period
C) by dividing total costs in a given accounting period by units started in that period
D) by multiplying total costs in a given accounting period by units started in that period

Question

Quizplus · Accepted Answer

Average unit costs are calculated by dividing total costs in a given accounting period by total units produced in that period. This calculation provides the average cost per unit of the products manufactured during that period.

In a Process-Costing System Average Unit Costs Are Calculated ________