Question: In a perpetual average cost system: Multiple Choice The average is determined by dividing the total number of units sold by the cost of units

In a perpetual average cost system:
Multiple Choice
The average is determined by dividing the total number of units sold by the cost of units purchased during the period.
The moving-average unit cost is determined following each sale
A new weighted-average unit cost is calculated each time additional units are purchased.
In a perpetual average cost system: Multiple

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