The cost per equivalent unit using the weighted average method is calculated as
A)Total costs to account for/Equivalent units.
B)Costs added during the period/Equivalent units.
C)Total costs to account for/Number of partially completed units.
D)Costs added during the period/Number of partially completed units.

Question

Quizplus · Accepted Answer

The weighted average method calculates the cost per equivalent unit by dividing the total costs to account for (both beginning inventory costs and costs added during the period) by the total equivalent units for the period.

The Cost Per Equivalent Unit Using the Weighted Average Method