If manufacturing costs change significantly from period to period weighted average costing will produce the more accurate product cost.

Name: If manufacturing costs change significantly from period to period weighted average costing will produce the more accurate product cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Weighted average costing smooths out price variations over time by averaging the costs, which may not accurately reflect significant cost changes in each specific period.

If Manufacturing Costs Change Significantly from Period to Period Weighted