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Which of the following summarizes the weighted average cost flow assumption? Weighted average assumes that costs flow in the revers order incurred Weighted average assumes

Which of the following summarizes the weighted average cost flow assumption?

Weighted average assumes that costs flow in the revers order incurred

Weighted average assumes that costs flow is allocated by the physical weight of items purchased

Weighted average assumes that costs flow at an average of the cost available

Weighted average assumes that costs flow in the order occurred

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