Which of the Following Statements Is True Regarding the Weighted-Average

question 108

Multiple Choice

Which of the following statements is true regarding the weighted-average method of process costing?

• A) It assumes that there are an equal number of units in beginning and ending inventories.
• B) It assumes that the units in beginning inventory were started into production during the current period.
• C) It assumes that the units in beginning inventory were finished last in the current period.
• D) It assumes that the units in beginning inventory were the same percentage complete as the units in ending inventory.