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Author Question: A major advantage of using the FIFO process-costing method is that: (Read 53 times)

ghost!

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on: Mar 6, 2021
A major advantage of using the FIFO process-costing method is that:
◦ FIFO makes the unit cost calculations simpler
◦ in contrast with the weighted-average method, FIFO is considered GAAP
◦ FIFO provides managers with information about changes in the costs per unit from one period to the next
◦ in the period of rising prices, it leads to lower operating income and lower tax payments, saving the company cash and increasing the company's value
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by ghost! on Mar 6, 2021

manuelcastillo

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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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ghost!

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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