Which of the following is not a category used to reconcile the number of physical units using the weighted average method of process costing?
A)Units started
B)Ending units in process
C)Cost of goods sold
D)Units completed

Question

Quizplus · Accepted Answer

Cost of goods sold is not a category used to reconcile the number of physical units using the weighted average method of process costing. The categories used are units started, ending units in process, and units completed. Cost of goods sold is calculated using the total cost of units completed and transferred out of the process.

Which of the Following Is Not a Category Used to Reconcile