There's no reason for me to get excited about the choice between the weighted-average and FIFO methods

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"There's no reason for me to get excited about the choice between the weighted-average and FIFO methods in my process-costing system. I have long-term contracts with my materials suppliers at fixed prices." State the conditions under which vou would

(a) agree and

(b) disagree with this statement, made by a plant controller. Explain.

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Cost Accounting A Managerial Emphasis

ISBN: 9780131810662

8th Edition

Authors: Charles T. Horngren, George Foster, Srikant M. Datar

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