Examlex
In semipresidential systems
Weighted-Average Process
A costing method used in manufacturing, blending the costs of all units produced in a period, regardless of when they were started or finished.
Work In Process
Units of product that are only partially complete and will require further work before they are ready for sale to the customer.
Beginning Of Production
The stage at which a manufacturing or production process commences.
Weighted-Average Method
An inventory costing approach that assigns a weighted average cost to each unit of inventory, used in valuing the cost of goods sold and ending inventory.
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