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Managerial Accounting

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Process Costing Weighted Average Computation Theory

MGRACT-PNOK8G

The weighted-average process-costing method computes the equivalent units (EU) for the purpose of finding the cost per EU by:

A

matching the costs of the current period with the work performed during the period.

B

taking units started and subtracting the units in ending inventory.

C

taking units completed during the period and subtracting the EU in ending inventory.

D

taking units completed during the period plus the EU in the ending inventory.