The weighted average method of process costing differ from the first in first out (FIFO) method of process costing in that the weighted average method of process keeps costs in the beginning inventory separate from current period costs does not require the use of predetermined overhead rates involves complex calculations can be used under any cost flow assumption

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Question: The weighted-average method of process costing differ from the first-in first-out (FIFO) method of process costing in that the weighted-average method of process___________. keeps costs

The weighted-average method of process costing differ from the first-in first-out (FIFO) method of process costing in that the weighted-average method of process___________.

keeps costs in the beginning inventory separate from current period costs

does not require the use of predetermined overhead rates

involves complex calculations

can be used under any cost flow assumption

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