the fifo method provides a major advantage over the weighted - average method in that: multiple choice the…

the fifo method provides a major advantage over the weighted - average method in that: multiple choice the fifo method treats units in the beginning inventory as if they were started and completed during the current period. the calculation of equivalent units is less complex under the fifo method. the fifo method provides measurements of work done during the current period. the weighted - average method ignores units in the beginning and ending work - in - process inventories.

the fifo method provides a major advantage over the weighted - average method in that: multiple choice the fifo method treats units in the beginning inventory as if they were started and completed during the current period. the calculation of equivalent units is less complex under the fifo method. the fifo method provides measurements of work done during the current period. the weighted - average method ignores units in the beginning and ending work - in - process inventories.

Answer

Brief Explanations:

The FIFO (First - In, First - Out) method separates the work done in the current period from the work done in previous periods. It provides a clearer picture of the work and costs incurred in the current period. The weighted - average method combines work and costs from previous and current periods. The calculation of equivalent units is not necessarily less complex under FIFO. FIFO does not treat beginning inventory as if started and completed in the current period. The weighted - average method does not ignore beginning and ending work - in - process inventories.

Answer:

the FIFO method provides measurements of work done during the current period.