What are the equivalent units for the month of July if the company uses the weighted-average method?
A)Option A
B)Option B
C)Option C
D)Option D
E)Option E

Question

What are the equivalent units for the month of July if the company uses the weighted-average method? 
A)Option A 
B)Option B 
C)Option C 
D)Option D 
E)Option E

Quizplus · Accepted Answer

The equivalent units under the weighted-average method take into account the work that was done in the previous months as well as the current month. The table in option C shows the equivalent units for July, which includes the work that was started in June and completed in July, as well as the work that was started and completed in July itself. Option A only shows the work done in July, so it does not account for the work started in June. Option B and D show the work done in July, but they do not include the work started in June. Option E shows the total units produced in July, but it does not differentiate between the work that was started in June and completed in July, and the work that was started and completed in July itself.

What Are the Equivalent Units for the Month of July