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The Weighted Average Inventories Costing Method Is Particularly Suitable to Inventories

Question 24

Multiple Choice

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


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

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