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In periods of increasing prices, weighted average cost method will yield a higher cost of goods sold than FIFO would because cost of goods sold

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In periods of increasing prices, weighted average cost method will yield a higher cost of goods sold than FIFO would because cost of goods sold under FIFO includes the most recent units ending inventory under FIFO includes the oldest units under weighted average, the calculation of the cost per unit for the period includes the most recent (and expensive) units ending inventory under weighted average will include the oldest units

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