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

Question 13
True False

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.The two approaches will have different unit costs,so the costs assigned to ending WIP will differ.