The Weighted-Average Method of Process Costing Differs from the FIFO

question 97

Multiple Choice

The weighted-average method of process costing differs from the FIFO method of process costing in that the weighted-average method:

• A) does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production.
• B) considers ending work in process inventory to be fully complete.
• C) will always yield a higher cost per equivalent unit.
• D) All of the above.

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