When Calculating the Cost Per Equivalent Unit in Process Costing,what

Multiple Choice

When calculating the cost per equivalent unit in process costing,what is the difference between the weighted-average and FIFO methods?

A) With FIFO, prior period costs are not combined with current period costs.
B) With FIFO, prior period costs are combined with current period costs.
C) With weighted-average, prior period costs are not combined with current period costs.
D) There is no difference between the two methods.