This is a method of process costing that includes costs in beginning inventory and current period costs to establish an average cost per unit.

Question 1 options:

	Weighted Average Method
	Periodic costing method
	Perpetual costing method

Question 2 (1 point)

Managers must be careful not to assume that all ________ are variable costs in the production cost report.

Question 2 options:

	Direct material costs
	Production costs
	Overhead costs

Question 3 (1 point)

The per unit cost does not necessarily hold true in the future if production levels change due to ________.

Question 3 options:

	Sales increase
	Fixed costs
	More supply

Question 4 (1 point)

Tucker Manufacturing uses weighted-average process costing. All materials at Tucker are added at the beginning of the production process. The equivalent units for materials at Tucker would be

Question 4 options:

	The units started plus the units in beginning work in process
	The units started plus the units in ending work in process
	The units completed and transferred out plus the units in beginning work in process