When Inventory Prices Are Rising, the Weighted-Average Method Will Generally

question 63

Multiple Choice

When inventory prices are rising, the weighted-average method will generally result in a:

• A)higher gross margin than FIFO.
• B)lower ending inventory value than FIFO.
• C)higher owner's equity balance than FIFO.
• D)lower cost of goods sold than FIFO.

---

Definitions:

D-Erythrose

D-Erythrose is a four-carbon sugar (tetrose) with the chemical formula C4H8O4, known for being one of the simplest aldose carbohydrates.

Open-Chain Form

A molecular structure not forming a ring, consisting of atoms connected in a linear or branched sequence.

Asymmetric Carbons

Carbon atoms bonded to four different groups, leading to chiral molecules that can have non-superimposable mirror images.

D-Arabinose

A monosaccharide sugar, which is an aldopentose because it contains five carbon atoms and includes an aldehyde group.