Question: Question 9 Choose the item that must be TRUE regarding a scenario where the cost of units completed and transferred out is the same under

Question 9

Choose the item that must be TRUE regarding a scenario where the cost of units completed and transferred out is the same under both the weighted average method and the FIFO method.

Group of answer choices

The number of physical units in beginning inventory equals the number of physical units in ending inventory.

The number of equivalent full units in beginning inventory equals the number of equivalent full units in ending inventory.

There is no beginning inventory.

There is no ending inventory.

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