(Appendix 6A)The "Quantity Schedule and Equivalent Units" section of the production report is the same for the weighted-average method and the FIFO method of process costing.

Question

Quizplus · Accepted Answer

The "Quantity Schedule and Equivalent Units" section differs between the weighted-average and FIFO methods because the FIFO method requires the separation of work done on beginning inventory from work done on units started and completed during the period, whereas the weighted-average method combines these amounts.

(Appendix 6A)The "Quantity Schedule and Equivalent Units" Section of the Production