Equivalent Units of Production - Weighted Method

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• equivalent production-weighted average method

  In weighted average method, equivalent production is equivalent to completed units of finished goods plus equivalent units of ending work in process inventory.

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  Equivalent units of production are the sum of the units completed and transferred out and the equivalent units of ending work in process. The weighted-average method is one method used to compute equivalent units of production.

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  Determine the cost of the units transferred to the next department Check the attached sheet. The solution computes equivalent units of production using weighted average method.