Which of the following data are needed to calculate total equivalent units under the weighted-average method?
A) Work-to-date on ending work in process, units started during the period.
B) Units completed during the period, work-to-date on ending work in process.
C) Work to complete beginning work in process, work-to-date on ending work in process.
D) Work to complete beginning work in process, units completed, and work done on ending work in process.
E) Units completed, work to complete beginning work in process.

Question

Quizplus · Accepted Answer

The weighted-average method of calculating total equivalent units requires the number of units completed during the period and the work-to-date (percentage of completion) on the ending work in process inventory. These data allow for the calculation of equivalent units for both completed and in-process work, combining work done in the current and previous periods.

Which of the Following Data Are Needed to Calculate Total