help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The inventory valuation method that tends to smooth out erratic changes in costs is: FIFO Weighted average LIFO Specific identification WIFO

The inventory valuation method that tends to smooth out erratic changes in costs is: FIFO Weighted average LIFO Specific identification WIFO

Finance

The inventory valuation method that tends to smooth out erratic changes in costs is:

    1. FIFO
    2. Weighted average
    3. LIFO
    4. Specific identification
    5. WIFO

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer:

b ) Weighted average

Step-by-Step explanation

Weighted average method, divide the cost of goods available for sale by the number of units available for sale, which yields the weighted-average cost per unit.This smoothens the erratic changes in costs.

 

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)