The cost per equivalent unit for materials using the weighted average method is calculated as:
June 8th, 2024
The cost per equivalent unit for materials using the weighted average method is calculated as:aTotal materials costs in process during the period divided by equivalent units in process for materialsbMaterials costs added during the period divided by equivalent units in process for materialscTotal materials costs to account for divided by the number of equivalent units completed for materialsdMaterials costs added during the period divided by the number of equivalent units completed for materials