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Which of the following is not a characteristic of the FIFO method? A. simple and less detailed than the weighted-average method B. can be used
Which of the following is not a characteristic of the FIFO method?
A. simple and less detailed than the weighted-average method
B. can be used to assess cost control even when inventory levels are substantial
C. separates beginning work in process inventory from the current period's units and costs
D. cost per equivalent unit is specific to the current period
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