In general,the ending Work-in-Process Inventory value computed using first-in,first-out (FIFO)will be the same as the ending value computed using weighted-average process costing.

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The ending Work-in-Process Inventory value computed using first-in, first-out (FIFO) will not necessarily be the same as the ending value computed using weighted-average process costing. While the two approaches may result in the same total inventory cost, the costs assigned to each unit may differ, leading to different ending WIP values.

In General,the Ending Work-In-Process Inventory Value Computed Using First-In,first-Out (FIFO)will