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4. Which of the following statements is correct?a. Weighted-average costing yields a higher amount than a simple average. b. Weighted-average costing yields a lower amount
4. Which of the following statements is correct?a. Weighted-average costing yields a higher amount than a simple average.
b. Weighted-average costing yields a lower amount than a simple average.
c. Weighted-average costing yields the same amount as a simple average.
d. Without specific numbers, there is no way to know whether weighted-average costing or a simple average yields a higher, lower or the same amount.
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