The Weighted-Average Method

question 44

Multiple Choice

The weighted-average method:

• A) calculates an average unit cost by dividing the total cost of goods sold by the total units sold.
• B) calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.
• C) calculates an average unit cost by adding the total cost of goods available for sale to the total units of goods available for sale.
• D) None of these answers is correct.

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Definitions:

Neutron

A subatomic particle found in the nucleus of an atom that has no electrical charge and a mass slightly larger than that of a proton.

Medial

Positioned towards the midline of the body.

Pod/o

A prefix related to feet, utilized in medical terminology to describe conditions, procedures, or anatomical parts concerning the foot.

Bucc/o

A combining form used in medical terminology meaning cheek, relating to the cheek area.