The weighted-average method of process costing can only be used if materials are added at the beginning of the production process.

Question

Quizplus · Accepted Answer

The weighted-average method of process costing can be used regardless of when materials are added in the production process. It calculates the average cost per unit by combining the costs of beginning work in process inventory and costs incurred during the period, and dividing it by total equivalent units produced.

The Weighted-Average Method of Process Costing Can Only Be Used