Under FIFO,ending work-in-process inventory comes from units that were started but not fully completed during the current period.

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This statement is true under the FIFO (first-in, first-out) method of inventory accounting. The oldest units that were started first are assumed to be completed first, so any units that are partially completed at the end of the period are assumed to have entered production earlier and are therefore considered part of the ending work-in-process inventory.

Under FIFO,ending Work-In-Process Inventory Comes from Units That Were Started