Question: Select the best answer: In computing the cost per equivalent unit, the weighted-average method considers: (1) Current costs only. (2) Current costs plus costs in

Select the best answer:

In computing the cost per equivalent unit, the weighted-average method considers:

(1) Current costs only.

(2) Current costs plus costs in beginning work in process inventory.

(3) Current costs plus cost of ending work in process inventory.

(4) Current costs less costs in beginning work in process inventory.

(CPA adapted)

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