Which of the following inventory costing methods requires th


Which of the following inventory costing methods requires the calculation of a new average cost after each purchase?

specific identification

last-in, first-out

weighted-average

first-in, first-out

specific identification

last-in, first-out

weighted-average

first-in, first-out

Solution

Weighted-average inventory costing method requires the calculation of a new average cost after each purchase
 Which of the following inventory costing methods requires the calculation of a new average cost after each purchase? specific identification last-in, first-out

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