When the weighted average cost method is used for the perpetual inventory system, a weighted average unit cost for each item is determined a. at the beginning of the time period. b. None of these choices are correct. c. at the end of the time period. d. each time a purchase is made.

Question

Paula Montes

Business

26 December, 07:19

When the weighted average cost method is used for the perpetual inventory system, a weighted average unit cost for each item is determined a. at the beginning of the time period. b. None of these choices are correct. c. at the end of the time period. d. each time a purchase is made.

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Answers (1)

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Jaidyn Barr · Answer 1

Answer: each time a purchase is made.

Explanation:

A perpetual inventory system records inventory and costs of goods sold regularly or as soon as a purchase is made.