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20.Which of the following best describes the weighted average cost flow assumption? A. Inventory cost layers are kept separate based on the period of production

20.Which of the following best describes the weighted average cost flow assumption?

A. Inventory cost layers are kept separate based on the period of production

B. Equivalent units of production for conversion costs do not match the physical flow of units

C. Direct materials are added evenly throughout the process

D. Cost per equivalent unit is calculated by combining costs from both the current and previous periods

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