Simplify. -

question 171

Multiple Choice

Simplify.
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Definitions:

Cost Of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including material and labor expenses.

Weighted Average

A calculation method that takes into account the varying degrees of importance of the numbers in a data set, resulting in a figure that represents the overall effect.

Average Unit Cost

The total cost of goods available for sale divided by the number of units available for sale, used to value inventory.