Required: Using the date below, 1) explain cost of production report for Department 1 (Average Method): (10
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Required: Using the date below,
1) explain cost of production report for Department 1 (Average Method): (10 point).
2) explain cost of production report for Department 2 (FIFO Method): (10 point).
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66774c51d97d7_35366774c51c1a6a.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66774c5242564_35466774c52229c1.jpg)
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