The costs included in the cost per equivalent unit using the weighted average method are

Question

Quizplus · Accepted Answer

The weighted average method calculates the cost per equivalent unit by combining the costs of beginning work in process with the current period costs, and then dividing by the total equivalent units of production. Therefore, the costs included in the cost per equivalent unit using the weighted average method are both (a) current costs and (b) beginning work in process. The ending work in process is not included in the calculation of the cost per equivalent unit using the weighted average method.

The Costs Included in the Cost Per Equivalent Unit Using