Why is the process of assigning costs to products essentially an averaging process?

Question:

Why is the process of assigning costs to products essentially an averaging process?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Cost Accounting Traditions and Innovations

ISBN: 978-0324026450

4th edition

Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael

Question Posted: