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Questions
SU25-BL-BUS-A325-5063 Exam #2: Summer 2025
Single choice
When computing the cost per equivalent unit, the weighted-average method of process costing considers:
Options
A.costs incurred during the current period only.
B.costs incurred during the current period plus cost of ending work in process inventory.
C.costs incurred during the current period plus cost of beginning work in process inventory.
D.costs incurred during the current period less cost of beginning work in process inventory.
View Explanation
Standard Answer
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Approach Analysis
When evaluating the weighted-average method for computing cost per equivalent unit in process costing, several nuances about what costs are included must be considered.
Option 1 suggests only the costs incurred during the current period are used. However, the weighted-average approach also incorporates the costs that were in begi......Login to view full explanationLog in for full answers
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