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Lena [83]
3 years ago
6

Under which of the following conditions will the FIFO method produce the same cost of goods manufactured as the weighted-average

method? A. There is no ending inventory.B. There is no beginning inventory.C. The beginning and ending inventories are equal.D. The beginning and ending inventories are both 50% complete.
Business
1 answer:
joja [24]3 years ago
7 0

Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>

Explanation:  

The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.

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Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

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3 years ago
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Juli2301 [7.4K]

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Although there was challenges of frequent repairs, this was eventually resolved.

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