The FIFO method of process costing is simpler than the weighted average method.

Name: The FIFO method of process costing is simpler than the weighted average method.
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Quizplus · Accepted Answer

The FIFO (First-In, First-Out) method of process costing is more complex because it requires tracking the costs of the earliest units separately from the costs of units produced or processed later, whereas the weighted average method combines all units and costs into a single average, simplifying calculations.

The FIFO Method of Process Costing Is Simpler Than the Weighted