New technology, like the latest cell phones and HDTV, would probably be costed using the:

Question

Quizplus · Accepted Answer

The moving average method of inventory costing is used when the physical flow and the cost flow are different. This is because the moving average method takes into account the cost of all inventory items that have been purchased in a given period, regardless of when they were sold. This method is often used for items that are not easily identifiable, such as raw materials or components.

New Technology, Like the Latest Cell Phones and HDTV, Would