Weighted average method of Process Costing is called weighted average because:

Select one:

a$.$ we take an average of our finished goods inventory.

b$.$ we calculate an average of our current period cost only.

c$.$ we calculate an average of our prior period cost only.

d$.$ we add the prior costs to current costs and divide them by the EUP.

e$.$ we separate the prior period costs from the current period costs and then calculate a separate average for each.