The Method of Calculating Equivalent Units Where the Costs Assigned

Multiple Choice

The method of calculating equivalent units where the costs assigned to the beginning inventory of work-in-process are combined with the current periods costs of production and the degree of completion of the beginning units is ignored is the:

A) first-in-first-out method.
B) last-in-last-out method.
C) last-in-first-out method.
D) weighted average method.