The weighted-average process costing method does not distinguish between units started in the previous period but completed during the current period and units started and completed during the current period.

Question

Quizplus · Accepted Answer

The weighted-average process costing method combines the costs of the previous period with the costs of the current period and spreads them over all units worked on during the period, without distinguishing between when units were started or completed.

The Weighted-Average Process Costing Method Does Not Distinguish Between Units