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harra harra
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Posts: 1309
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6 years ago
When inventory prices are rising, the weighted-average method will generally result in a:
A) higher gross margin than FIFO.
B) lower ending inventory value than FIFO.
C) higher owner's equity balance than FIFO.
D) lower cost of goods sold than FIFO.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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Posts: 466
6 years ago
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6 years ago
Thanks for your help!!
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this is exactly what I needed
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