The FIFO method provides a major advantage over the weighted-average method in that:
A. the weighted-average method ignores units in the beginning and ending work-in-process inventories.
B. the FIFO method provides measurements of work done during the current period.
C. the calculation of equivalent units is less complex under the FIFO method.
D. the FIFO method treats units in the beginning inventory as if they were started and completed during the current period.
Answer: B
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Indicate whether the statement is true or false
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