A reason(s) why "pure" FIFO is rarely encountered in process costing is that

ACCOUNTING

Multiple Choice

A reason(s) why "pure" FIFO is rarely encountered in process costing is that

a. FIFO is usually applied within a department to compile the cost of units transferred out.

b. the units transferred into the department during a given time period are usually carried at a single average unit cost.

c. tracking costs on a “pure" FIFO basis is very difficult.

d. all of the above are reasons.

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