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The Weighted Average Inventories Costing Method Is Particularly Suitable to Inventories

Question 1

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The weighted average inventories costing method is particularly suitable to inventories where:


A) dissimilar products are stored in separate locations.
B) homogeneous products are mixed together.
C) the entity carries stocks of raw materials, work-in-progress and finished goods.
D) goods have distinct use-by dates and the goods produced first must be sold earliest.

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