When the Average Cost Method Is Applied in a Periodic

question 101

Multiple Choice

When the average cost method is applied in a periodic inventory system,

• A)the sale of goods during the year will change the unit cost used for calculating ending inventory.
• B)an average cost per unit is calculated after each purchase rather than at the end of the period.
• C)an average cost per unit is calculated at the end of the period rather than after each purchase.
• D)an average cost per unit is not calculated in the same manner that is used for a perpetual inventory system.

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