MCQOPTIONS
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| 1. |
In order to compute equivalent units of production using the Weighted Average method of process costing, the following equation should be used: |
| A. | Equivalent units of beginning work in process + units completed and transferred out |
| B. | Equivalent units of beginning work in process + equivalent units of ending work in process |
| C. | Units completed and transferred out + equivalent units of ending work in process |
| D. | Units completed and transferred out + equivalent units of beginning work in process |
| Answer» D. Units completed and transferred out + equivalent units of beginning work in process | |