Under the weighted-average method, the equivalent units used to compute the unit costs of ending inventories relate only to work done during the current period.

Name: Under the weighted-average method, the equivalent units used to compute the unit costs of ending inventories relate only to work done during the current period.
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Quizplus · Accepted Answer

The weighted-average method considers both the work done in the current period and the work done in prior periods when computing equivalent units for ending inventories.

Under the Weighted-Average Method, the Equivalent Units Used to Compute