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the weighted average price method recovers the whole cost of materials. This method is suitable when price flactuations are frequent becuase it smooths out fluctuations
the weighted average price method recovers the whole cost of materials. This method is suitable when price flactuations are frequent becuase it smooths out fluctuations by taking into account total cost and total quantity of materials
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
