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The weighted-average method of process costing differ from the first-in first-out (FIFO) method of process costing in that the weighted-average method of process___________. keeps costs
The weighted-average method of process costing differ from the first-in first-out (FIFO) method of process costing in that the weighted-average method of process___________.
- keeps costs in the beginning inventory separate from current period costs
- does not require the use of predetermined overhead rates
- involves complex calculations
- can be used under any cost flow assumption
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