Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted-average method is:
A) the same as the number of units put into production.
B) less than the number of units put into production.
C) the same as the number of units completed.
D) less than the number of units completed.

Question

Quizplus · Accepted Answer

Under the weighted-average method, when ending work in process inventory is 100% complete with respect to materials, the equivalent units for materials are the same as the number of units put into production.

Assume There Is No Beginning Work in Process Inventory and the Ending