Question: Total costs accounted for Requirement 4 . Explain any difference between cost per equivalent unit in the assembly department under the weighted - average method
Total costs accounted for
Requirement Explain any difference between cost per equivalent unit in the assembly department under the weightedaverage method and the FIFO method.
The cost per equivalent unit between the two methods because each method uses costs as the numerator of the calculation. The FIFO method uses
and the weightedaverage method uses Both methods use equivalent units in the denominator.
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