Jaden Saunders: Attempt 1 Question 2 (1 point) Which of the following statements is true? Statement I is true. Statement II is true. Both statement own Browser + Webcam 1. When computing the cost per equivalent unit, it is necessary to consider the percentage completion of the units in beginning inventory under the weighted-average method. 2. In calculating cost per equivalent unit under the weighted-average method, prior period costs are combined with current period costs