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All of the following appropriately describe the use of weighted average in process costing except: A. Combines work and costs for the project from all
All of the following appropriately describe the use of weighted average in process costing except:
A. Combines work and costs for the project from all months.
B. Does not factor in work done in different months on the job/project.
C. Factors in work done on the job/project in different months.
D. Average cost of WIP is weighted by the amount of equivalent units in project batch.
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