Question: Refer to the information in Exercise 8-33. Required a. Prepare a production cost report using the weighted-average method. b. Is the ending inventory higher using

Refer to the information in Exercise 8-33.

Required
a. Prepare a production cost report using the weighted-average method.
b. Is the ending inventory higher using FIFO or the weighted-average method? Why?
c. Would you recommend that El Paso use the FIFO method or the weighted-average method? Explain.

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