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What Is the Inventory Costing Method That Adds Together the Total

Question 123

Multiple Choice

What is the inventory costing method that adds together the total cost of all goods available for sale during the period,and then divides that by the number of units available for sale to get a value to assign to all goods sold and all goods remaining in inventory?


A) Weighted average
B) Cost
C) FIFO
D) LIFO
E) Specific identification

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