Question: 1. In calculating a weighted average unit cost, what is the weight based on? 2. It is allowable for a company to use different unit

1. In calculating a weighted average unit cost, what is the "weight" based on? 2. It is allowable for a company to use different unit costing method for different categories of inventory. True or false. 3. A business may frequently change its unit costing method depending on which method generates the highest income each period. True or false. 4. What do the letters PCAOB stand for in accounting? 5. What is the definition of a source document in accounting?

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