The weighted-average method
A. calculates an average unit cost by dividing the total cost of goods sold by the total units sold.
B. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.

The weighted-average method
A. calculates an average unit cost by dividing the total cost of goods sold by the total units sold.
B. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.

The weighted-average method: Calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.

The weighted-average method A. calculates an average unit cost by dividing the total cost of goods sold by the total units sold. B. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.

The weighted-average method: Calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.

The entry to record selling 300 shares of stated value $60 common stock for $70 per share would be: Debit Cash $21000; credit common stock $18000; credit paid - in capital.

Added 11/20/2022 5:37:48 PM

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