Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of: A) units in ending work in process and the units started. B) units in beginning work in process and the units started. C) units in ending work in process and the units started and completed. D) units in beginning work in process and the units started and completed.

Question

Business

Priscilla

10 August, 03:25

Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of: A) units in ending work in process and the units started. B) units in beginning work in process and the units started. C) units in ending work in process and the units started and completed. D) units in beginning work in process and the units started and completed.

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Answers (1)

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Kelsie Shields · Answer 1

B) units in beginning work in process and the units started.

Explanation:

For computing the equivalent units for material under weighted average process costing, we need to do an addition of beginning units of work in progress and started units irrespective of whatever given in a question.

There is to add or subtract the ending units of work in progress, and the units started and completed units

So, all other options are incorrect except B. option