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A major advantage of the first-in, first-out (FIFO) process-costing method over the weighted-average process-costing method is A. That inventories are eliminated from consideration in the
A major advantage of the first-in, first-out (FIFO) process-costing method over the weighted-average process-costing method is | |
A. | That inventories are eliminated from consideration in the FIFO method. |
B. | The simplicity of the FIFO method. |
C. | That only ending inventory costs need to be separately computed when using the FIFO method. |
D. | That current-period cost per unit is highlighted under the FIFO method. |
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