The weighted-average process-costing method adds the cost of all work done in the current period to _____.
A)work done in the preceding period to the current period's beginning work-in-process inventory
B)the ending work-in-process inventory
C)all costs estimated to be incurred in the next department
D)the work done in the preceding department to the current period's ending work-in-process inventory

Question

Quizplus · Accepted Answer

The weighted-average process-costing method combines the costs of work done in the current period with the costs associated with the work in process at the beginning of the period, not distinguishing between the two. This approach averages the costs over all units worked on during the period, including those that were partially completed at the start.

The Weighted-Average Process-Costing Method Adds the Cost of All Work