In the computation of the cost per equivalent unit, the weighted-average method

Question

In the computation of the cost per equivalent unit, the weighted-average method of process costing considers all the costs:WHICH IS CORRECT

A-entering work in process from the units in beginning inventory plus the costs for the work completed during the current accounting period

B-costs that have entered work in process from the units started or transferred in during the current accounting period

C-that have entered work in process during the current accounting period from the units started or transferred in minus the costs associated with ending inventory

D-that have entered work in process during the current accounting period from the units started or transferred in plus the costs associated with ending inventory

Explanation / Answer

In the computation of the cost per equivalent unit, the weighted-average method of process costing considers all the costs:WHICH IS CORRECT

A-entering work in process from the units in beginning inventory plus the costs for the work completed during the current accounting period ------------CORRECT

B-costs that have entered work in process from the units started or transferred in during the current accounting period

C-that have entered work in process during the current accounting period from the units started or transferred in minus the costs associated with ending inventory

D-that have entered work in process during the current accounting period from the units started or transferred in plus the costs associated with ending inventory

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