The advantage of the weighted-average method is its:
A)Complexity and comprehensiveness.
B)Ability to handle spoilage and waste.
C)Appropriateness regardless of inventory level changes.
D)Effectiveness in a cost leadership strategy.
E)Simplicity.

Question

Quizplus · Accepted Answer

The weighted-average method is favored for its simplicity, as it averages the costs of goods, making it easier to apply and understand compared to more complex costing methods.

The Advantage of the Weighted-Average Method Is Its