When the moving-average inventory costing method is used, how long does the unit cost of any individual item of inventory remain in the average? Explain in terms of how the method calculates each moving average M1, M2 and so forth.

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The Answer of When the moving-average inventory costing method is used, how long does the unit cost of any individual item of inventory remain in the average? Explain in terms of how the method calculates each moving average M1, M2 and so forth.

When the Moving-Average Inventory Costing Method Is Used, How Long