CPA_Chapter8 - When using the weighted-average method of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
When using the weighted-average method of process costing, total equivalent units produced for a given period equal: 1. The number of units started and completed during the period plus the number of units in beginning work in process plus the number of units in ending work in process. 2. The number of units in beginning work in process plus the number of units started during the period plus the number of units remaining in ending work in process times the percentage of work necessary to complete the items. 3. The number of units in beginning work in process times the percentage of work necessary to complete the items plus the number of units started and completed during the period plus the number of units started this period and remaining in ending work in process times the percentage of work necessary to complete the items. 4. The number of units transferred out during the period plus the number of units remaining in ending work in process times the percentage of work necessary to complete
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

CPA_Chapter8 - When using the weighted-average method of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online