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The Statement Relating to the Moving Average Method of Costing

Question 15

Multiple Choice

The statement relating to the moving average method of costing inventories,used with the perpetual inventory system,that is true is:


A) A new average cost is calculated after each sale and each purchase
B) A new average cost is calculated after each sale
C) A new average cost is calculated after each purchase
D) A new average cost is calculated at the end of each month

Correct Answer:

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