When assigning costs to partially completed units in the ending work-in-process inventory,it is NOT necessary to consider the percentage of completion of the units under the weighted-average method.

Question

Quizplus · Accepted Answer

Under the weighted-average method, the costs are averaged out and assigned to both completed units and the units in ending work-in-process inventory based on the percentage of completion of those units in the ending inventory.

When Assigning Costs to Partially Completed Units in the Ending