If there are no units in ending inventory, weighted-average and FIFO will result in the same number of finished equivalent units.
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Q30: Total costs to be accounted for are
Q31: The weighted-average method is usually more accurate
Q32: Only the weighted-average method is allowed for
Q33: If both the number of physical units
Q34: If there are no units in beginning
Q36: If materials are added at the end
Q37: The FIFO method differs from the weighted-average
Q38: The weighted-average method differs from the FIFO
Q39: Prior process costs are always assigned an
Q40: In computing the cost per equivalent unit,
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