Question: The first-in, first out method is different from the weighted average method in what way? A.It is used more frequently in most industries. B. It

The first-in, first out method is different from the weighted average method in what way?

A.It is used more frequently in most industries.

B. It is much simpler to apply.

C. It uses a different set of five steps to determine product costs.

D. It does not combine beginning inventory costs with current costs when computing equivalent unit costs.

E.The two methods only differ in scale of production.

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