In the computation of the cost per equivalent unit, the weighted-average method of process costing considers all the costs ________.
A) entering work in process from the units in beginning inventory plus the costs for the work completed during the current accounting period
B) that have entered work in process from the units started or transferred in during the current accounting period
C) that have entered work in process during the current accounting period from the units started or transferred in minus the costs associated with ending inventory
D) that have entered work in process during the current accounting period from the units started or transferred in plus the costs associated with ending inventory

Question

Quizplus · Accepted Answer

The weighted-average method of process costing includes all costs entering work in process from the units in beginning inventory plus the costs for the work completed during the current accounting period. This method averages the costs over all units, both those in beginning inventory and those started or completed during the period.

In the Computation of the Cost Per Equivalent Unit, the Weighted-Average