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Which method is (are) used to prepare the departmental production cost report when using a process cost system? A. LIFO method. B. FIFO method. C.

Which method is (are) used to prepare the departmental production cost report when using a process cost system?

A.

LIFO method.

B.

FIFO method.

C.

Weighted average method.

D.

Both LIFO and FIFO are correct.

E.

Both FIFO and weighted average are correct.

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