slipnersquid8731 slipnersquid8731
  • 20-02-2020
  • Business
contestada

An advantage of the _____ costing method is that the cost of goods sold approximates its current cost.

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sandlee09
sandlee09 sandlee09
  • 24-02-2020

Answer:

weighted average

Explanation:

An advantage of the weighted average costing method is that the cost of goods sold approximates its current cost. This is mainly due to the fact that the cost of each unit is made equal to the same cost of all units that are currently available for sale during that extended period of business. Therefore approximating its total current cost.

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