Under the weighted-average process cost method, we ignore
A)when costs are actually incurred.
B)whether costs are material costs or conversion costs.
C)equivalent units of production.
D)factory labour costs.

Question

Quizplus · Accepted Answer

Under the weighted-average process cost method, the timing of when costs are actually incurred is ignored. Costs are averaged out over the units produced during the period, without distinguishing between costs incurred at different times within the period.

Under the Weighted-Average Process Cost Method, We Ignore