What is the major advantage of the weighted average cost method?
A)Simplicity
B)Accuracy
C)it is the required method
D)it is the preferred method

Name: What is the major advantage of the weighted average cost method? A)Simplicity B)Accuracy C)it is the required method D)it is the preferred method
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The major advantage of the weighted average cost method is its simplicity, as it averages out the cost of inventory, making it easy to apply and understand.

What Is the Major Advantage of the Weighted Average Cost