Which of the Following Is Not True of the Weighted-Average

question 47

Multiple Choice

Which of the following is not true of the weighted-average process-costing method?

• A) the method calculates the cost per equivalent unit of all work done to date regardless of the accounting period in which the work was done
• B) the costs in work in process (beginning work in process) when the period starts are not considered when calculating the weighted-average cost per equivalent unit
• C) the weighted-average cost is the total of all costs entering the Work in Process account divided by the total equivalent units in ending work-in-process inventory
• D) the costs to account for are equal to the beginning work in process plus the costs added to work in process during the same period