Equivalent units for a process costing system using the weighted-average method would be equal to:
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units completed during the period plus equivalent units in the ending work in process inventory. |
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units started and completed during the period plus equivalent units in the ending work in process inventory. |
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units completed during the period less equivalent units in the beginning inventory, plus equivalent units in the ending work in process inventory. |
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units completed during the period and transferred out. |
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