Question: The first - in , first out method is different from the weighted average method in what way? It is used more frequently in most
The firstin first out method is different from the weighted average method in what way?
It is used more frequently in most industries.
It does not combine beginning inventory costs with current costs when computing equivale
It is much simpler to apply.
It uses a different set of five steps to determine product costs.
The two methods only differ in scale of production.
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