Which of the following is not needed in order to calculate the cost per equivalent unit in process costing?
A)Equivalent units in beginning Work in Process Inventory
B)Cost added during the period
C)Units completed and transferred out of the department
D)Equivalent units in ending inventory

Question

Quizplus · Accepted Answer

The cost per equivalent unit in process costing is calculated based on the costs added during the period and the equivalent units of production for that period, which includes units completed and transferred out and equivalent units in ending inventory. The equivalent units in beginning Work in Process Inventory are not used in this calculation.

Which of the Following Is Not Needed in Order to Calculate