The Weighted Average Inventory Costing Method Is Particularly Suitable to Inventory

question 8

Multiple Choice

The weighted average inventory costing method is particularly suitable to inventory 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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