Question: FIFO costing Blank______. Multiple select question. assumes that the last items worked on are the first items transferred out of production separates current period costs

FIFO costing Blank______. Multiple select question. assumes that the last items worked on are the first items transferred out of production separates current period costs from those in beginning inventory makes it impossible to know how much it costs to make a product this period transfers out costs in beginning inventory in a lump sum

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