Question: Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold O a, is a weighted average of

 Determining gross profit using the weighted average cost flow method assumes
that the cost of the units sold O a, is a weighted
average of the purchase cost of all units. O b, is costed

Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold O a, is a weighted average of the purchase cost of all units. O b, is costed the same as the ending inventory, that is using a weighted average of the purchase cost of all units. O c. Neither of these choices is correct. O d. Both of these choices are correct

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