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Under which of the following conditions will the FIFO method produce the same cost of goods manufactured as the weighted average method? The beginning and

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Under which of the following conditions will the FIFO method produce the same cost of goods manufactured as the weighted average method? The beginning and ending inventories are equal The beginning and ending Inventories are both 50% complete There is no ending Inventory Which of the following should not be used as the allocation base in a company that appropriately uses a single plantwide rate? O Material costs O Sales volume Direct labor cost Machine hours. Activity-based costing provides: less detailed measures of costs than do plantwide or department allocation methods. O more detailed measures of costs than de plantwide or department allocation methods less detailed measures of costs than de plantwide allocations but more than department allocation methods O more detailed measures of costs than de plantwide allocations but less than department allocation methods The classification of cost drivers into general levels of activity, volume, batch, product, and so on is known as: O O O value-added costing. cost allocation cost hierarchy O cost driver management

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