The Weighted-Average Method of Process Costing Differs from the First-In

Multiple Choice

The weighted-average method of process costing differs from the first-in, first-out method of process costing in that the weighted-average method:

A) does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production.
B) considers ending work in process inventory to be fully complete.
C) will always yield a higher cost per equivalent unit.
D) All of the choices are correct.