The weighted average cost is calculated by adding up the units' costs from each purchase and then dividing by the number of purchases.

Name: The weighted average cost is calculated by adding up the units' costs from each purchase and then dividing by the number of purchases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The weighted average cost is calculated by adding up the total cost of goods purchased or manufactured divided by the total number of units available for sale, not by dividing by the number of purchases.

The Weighted Average Cost Is Calculated by Adding Up the Units