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Author Question: A distinct feature of the FIFO process-costing method is that the ________. (Read 294 times)

jenna1

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on: Mar 6, 2021

Question 1

What is the difference between a weighted-average method of process costing and a first-in, first-out method of process costing?

Question 2

A distinct feature of the FIFO process-costing method is that the ________.
◦ work done on beginning inventory before the current period is blended with the work done during the current period in the calculation of equivalent units
◦ work done on beginning inventory before the current period is kept separate from the work done during the current period in the calculation of equivalent units
◦ work done on ending inventory is kept separate from the work done during the current period in the calculation of equivalent units and is usually not included in the calculation
◦ FIFO process-costing method is only minimally different from the weighted-average process-costing method
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by jenna1 on Mar 6, 2021

hramirez205

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenna1

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

Jsherida

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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