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The Process-Costing Method That Assumes the Earliest Equivalent Units in Work

Question 68

Multiple Choice

The process-costing method that assumes the earliest equivalent units in work in process are completed first is:

A) unit of output method.
B) physical unit method.
C) work in process method.
D) last in,first out (LIFO) .
E) first in,first out (FIFO) .

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