Determining gross profit using the weighted average cost flow method assumes that the cost of the units
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Question:
Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold
a. is costed the same as the ending inventory, that is using a weighted average of the purchase cost of all units.
b. is a weighted average of the purchase cost of all units.
c. Neither of these choices are corrcet.
d. Both of these choices are corrcet.
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