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The weighted-average method of process costing differs from the FIFO method of process costing in that the weighted-average method:does not consider the degree of completion
The weighted-average method of process costing differs from the FIFO method of process costing in that the weighted-average method:does not consider the degree of completion of units in the beginning work in process inventory when computing equivalent units of production can be used under any cost flow assumption keeps costs in the beginning inventory separate from current period costs. does not require the use of predetermined overhead rates
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