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Which of the following statements about the FIFO method is false? A) The equivalent units of production relate only to work done during the current

Which of the following statements about the FIFO method is false?

A) The equivalent units of production relate only to work done during the current period

B) It is necessary to check the completion level of the beginning WIP inventory

C) Total cost to be accounted for include beginning WIP costs and current period costs

D) To compute the costs-per-equivalent-unit, beginning WIP costs and costs added during the current period need to be combined together

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