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Yolanda's Yarn Shop uses the average cost system to determine inventory values. When should the accountant for Yolanda's calculate a new average cost of inventory
Yolanda's Yarn Shop uses the average cost system to determine inventory values. When should the accountant for Yolanda's calculate a new average cost of inventory held by the store? Every time the store buys yarn from a supplier When the yarn store changes suppliers When the oldest yarn in inventory is sold Every time yarn is sold to a customer
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