Solved

The FIFO Method Is a More Accurate Method Than Weighted

Question 61

Multiple Choice

The FIFO method is a more accurate method than weighted average because:


A) it does not require the calculation of equivalent units.
B) the costs of current period are not combined with the costs of the prior period.
C) it considers prior period costs during the current period.
D) it must be computerised in order to obtain accurate calculations.

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