Which of the Following Statements Is (Are)true? I

question 85

Multiple Choice

Which of the following statements is (are) true? I.For cost control,the FIFO method of process costing is better than the weighted-average method.
II) The weighted-average method of process costing assigns more cost to units completed (transferred out) than the FIFO method.

• A)I only.
• B)II only.
• C)Both I and II.
• D)Neither I nor II.

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