Question: Winen inventory prices are declining, the weighted average method will generally result in a A . lower gross margin than FIFO B . lower owner's

Winen inventory prices are declining, the weighted average method will generally result in a
A. lower gross margin than FIFO
B. lower owner's equity balance than FIFO
C. nigher cost of goods sold than FIFO.
D. higher ending inventory value than FIFO.

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