An advantage of the weighted average inventory method is that it tends to smooth out erratic changes in costs.

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The weighted average method takes into account the total cost of all units currently in inventory and divides it by the total number of units, resulting in a weighted average cost per unit. This can help to smooth out increases or decreases in costs over time, as it incorporates the cost of older units with the cost of newer units.

An Advantage of the Weighted Average Inventory Method Is That