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    Managerial Accounting Study Set 5
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    Exam 20: Fifo Method
  5. Question
    Any Difference in the Equivalent Units Calculated Under the Weighted-Average
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Any Difference in the Equivalent Units Calculated Under the Weighted-Average

Question 45

Question 45

True/False

Any difference in the equivalent units calculated under the weighted-average and the FIFO methods is due to the units in the ending work in process inventory.

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