In the weighted-average inventory costing method,when using the periodic inventory system,a single weighted average cost per unit is computed for the entire period.

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In the periodic inventory system, the weighted average cost per unit is computed for the entire period based on the total cost of goods available for sale and the total units available for sale. This single weighted average cost per unit is then used to calculate the cost of goods sold and ending inventory for the period.

In the Weighted-Average Inventory Costing Method,when Using the Periodic Inventory