Question: What is meant by the term transferred-out cost? Why does the transferred-out cost under the WA method include only one computation but the FIFO method

What is meant by the term transferred-out cost? Why does the transferred-out cost under the WA method include only one computation but the FIFO method includes multiple computations?

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The term transferred out cost is the cost amount that is sent from a WIP inventory account ... View full answer

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