Question

________ calculates the cost per equivalent unit of all work done to date (regardless of the accounting period in which it was done) and assigns this cost to equivalent units completed and transferred out of the process and to equivalent units in ending work-in-process inventory.

Answer 1

Weighted-Average Process-Costing Method

Step-by-step explanation:

The weighted average process costing method is a method for costing which helps to find out the average cost per unit by considering the total amount with the total number of units

Based on the cost per equivalent unit, it allocates the cost to the units completed and transferred out and for the ending work in process inventory so that the chances of accurate unit could be high