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If Star Company uses the weighted average method of costing inventory and the periodic inventory method and prices are rising during the period: Multiple Choice

If Star Company uses the weighted average method of costing inventory and the periodic inventory method and prices are rising during the period:

Multiple Choice

None of the other alternatives are correct

Ending Inventory will be valued at less than if LIFO were used

The weighted average method can be used for units but not for costing

Ending inventory will be valued at more than if FIFO were used

Since it uses the periodic method it must take into account

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