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Doctors Medicines MCQs Q&A

  1. weighted average method
  2. net present value method
  3. Gross production method
  4. net present value method
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1 Answers

Answer: Option 1

Costing method, which calculates per equivalent unit cost of all production related work done till calculate date is termed as weighted average method. The Weighted Average Cost (WAC) method of inventory valuation uses a weighted average to determine the amount that goes into COGS.

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