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The Organizer Store uses the weightedaverage inventory costing method in a perpetual inventory system. The unit cost of the beginning inventory for inventory item X500
The Organizer Store uses the
weightedaverage
inventory costing method in a perpetual inventory system. The unit cost of the beginning inventory for inventory item X500 was $10 per unit (100 units) and the first purchase of the period has a unit cost of $12 per unit (150 units). The weighted average cost per unit is $11.
true or false
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