Question: Which statement best explains the weighted average cost flow assumption? A method that uses the cost of goods available for sale divided by the number

Which statement best explains the weighted average cost flow assumption?
A method that uses the cost of goods available for sale divided by the number of units available for sale.
A method that uses the most recent costs in the calculation of cost of sales.
A method that assigns costs to inventories and cost of sales based on actual costs of each item.
A method that uses the oldest costs in the calculation of cost of sales.

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