Explain the weighted average method


Ash Corp uses a process costing system. Beginning inventory for January consisted of 2,000 units that were 40% completed. 10,000 units were completed by the process during January. On January 31, the inventory consisted of 500 units that were 70% completed. What would be the equivalent units using the weighted average method?

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Accounting Basics: Explain the weighted average method
Reference No:- TGS0700904

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