× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
jerico jerico
wrote...
Posts: 4603
Rep: 8 0
9 years ago
A major advantage of using the FIFO process-costing method is that ________.
A) FIFO makes the unit cost calculations simpler
B) in contrast with the weighted-average method, FIFO is considered GAAP
C) FIFO provides managers with information about changes in the costs per unit from one period to the next
D) in the period of rising prices, it leads to lower operating income and lower tax payments, saving the company cash and increasing the company's value
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 408 times
3 Replies

Related Topics

Replies
wrote...
#1
9 years ago
C
jerico Author
wrote...
#2
9 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
wrote...
#3
9 years ago
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1260 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 307
  
 233
  
 80
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which country would you like to visit for its food?