A disadvantage of the weighted-average method compared to the FIFO process-costing method is that ________
A) FIFO is computationally simpler
B) FIFO provides better management information for planning and control purposes
C) when unit cost per input prices fluctuate markedly from month to month, its per unit cost is less representative than FIFO
D) the information it provides about changes in unit prices from one period to the next is less useful than the information provided by FIFO
Answer: D
You might also like to view...
Companies can effectively market to teens by:
a. making products that are complex to use. b. distributing products online rather than in stores. c. using radio as the primary promotional tool. d. using interactive contests and voting challenges.
Why is it most likely important to maintain this guest's satisfaction with the hotel and the front desk clerk?
A) The guest is visiting the ReView Hotel during the off season and is paying a below average rate for the room. B) The guest is already satisfied with the wireless service, so her cluster of satisfactions will be maintained if she is also satisfied with the hotel and the front desk clerk. C) The guest's membership in the hotel's rewards club indicates a previous level of satisfaction that should be maintained by the front desk clerk to ensure customer loyalty. D) The hotel maintains exclusivity through various pricing levels and room features. E) The clerk is the only employee of the hotel with whom the guest will have contact.