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How might you apply direct labor costs under Job Order versus Process Costing? Under the 2 methods of Process Costing, why is the FIFO method

How might you apply direct labor costs under Job Order versus Process Costing?

Under the 2 methods of Process Costing, why is the FIFO method considered superior to the Weighted Average method?

 

Is it possible to monitor cost "trends" using the Weighted Average method?

 

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