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You have been tasked to determine if your company should use Weighted Average or FIFO for the mass productionl. Which of the following would you
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You have been tasked to determine if your company should use Weighted Average or FIFO for the mass productionl. Which of the following would you reccommend?
Weighted Average if the costs are changing significantly from one period to the next
FIFO if costs are changing signaficantly from one period to the next
FiFO if costs are remaining relatively stable
Weighted Average if the costs are relatively stable from one period to the next.
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