How is the material cost per equivalent unit calculated using the weighted average method?
A)total material costs to account for/equivalent units for materials
B)material costs added during the period/equivalent units for materials
C)total material costs to account for/number of partially completed units for materials
D)material costs added during the period/number of partially completed units for materials

Question

Quizplus · Accepted Answer

The material cost per equivalent unit using the weighted average method is calculated by dividing the total material costs to account for by the equivalent units for materials. This approach combines costs from the current and previous periods and spreads them over the units worked on during the period, regardless of their completion stage.

How Is the Material Cost Per Equivalent Unit Calculated Using