In a production cost report,the number of total units to account for consists of ________.The weighted-average method is used.
A) units in process at the beginning of the period and units started or added during the period
B) units in process at the end of the period and units started or added during the period
C) units in process at the beginning of the period and units remaining at the end of the period
D) units of completed and transferred out products and total units produced

Question

Quizplus · Accepted Answer

The number of total units to account for in a production cost report consists of units in process at the beginning of the period and units started or added during the period. This is because the weighted-average method includes all units that were partially or fully completed during the period. Units in process at the beginning of the period are added to the units started or added during the period to calculate the total units to account for.

In a Production Cost Report,the Number of Total Units to Account