Which of the following is(are) the same between the weighted average and FIFO methods of calculating EUPs?

Question

Quizplus · Accepted Answer

The FIFO and weighted average methods have the same ending inventory balance (both methods use the same cost per unit for ending inventory), but the methods differ in how they allocate costs to units sold and units in ending inventory. Therefore, the answer is yes for the same ending inventory balance and no for allocation of costs to units sold and units in ending inventory.

Which of the Following Is(are) the Same Between the Weighted