The weighted-average method of process costing adds the cost of all work done in the current period to ________.
A) the ending work-in-process inventory
B) all costs estimated to be incurred in the next department
C) the cost of the work done in the preceding period to the current period's ending work-in-process inventory
D) the cost of the work done in the preceding period to the current period's beginning work-in-process inventory

Question

Quizplus · Accepted Answer

The weighted-average method combines the costs of work done in the preceding period with the costs incurred in the current period for the beginning work-in-process inventory, not just the ending inventory or future costs.

The Weighted-Average Method of Process Costing Adds the Cost of All