The process costing production report can be prepared using either the weighted-average method or the last-in,first-out (LIFO)method.The process costing production report can be prepared using either the weighted-average method or the first-in,first-out (FIFO)method.

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The process costing production report can be prepared using either the weighted-average method or the first-in, first-out (FIFO) method, not the last-in, first-out (LIFO) method.

The Process Costing Production Report Can Be Prepared Using Either