What costs are included in the cost per equivalent unit using the weighted average method?
A)cost of goods sold and current costs
B)beginning work in process and ending work in process
C)current costs and ending work in process
D)current costs and beginning work in process

Question

Quizplus · Accepted Answer

The weighted average method includes both current costs and the costs of beginning work in process when calculating the cost per equivalent unit. This method averages the costs over all units, both completed and in progress, during the period.

What Costs Are Included in the Cost Per Equivalent Unit