Under Australian Accounting Standards, Which Methods Can Be Used to Prepare

Multiple Choice

Under Australian accounting standards, which methods can be used to prepare the departmental production report?

A) Weighted average, first in first out and standard costing
B) Last in first out, first in first out and standard costing
C) Last in first out, standard costing, weighted average
D) First in first out, last in first out, weighted average and standard costing