On Occasion,the FIFO and the Weighted-Average Methods of Process Costing

question 101

Multiple Choice

On occasion,the FIFO and the weighted-average methods of process costing will result in the same dollar amount of costs being transferred to the next department.Which of the following scenarios would have that result?

• A)When the beginning and ending inventories are equal in terms of unit numbers.
• B)When there is no ending inventory.
• C)When the beginning and ending inventories are equal in terms of the percentage of completion for both direct materials,and conversion costs.
• D)When there is no beginning inventory.

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