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Total cost related to work in process inventory is divided by total units of work done is used to calculate

A. Gross weighted margin

B. weighted average revenue

C. weighted average cost

D. weighted average conversion cost

Answer: Option C

Solution(By Examveda Team)

Total cost related to work in process inventory is divided by total units of work done is used to calculate weighted average cost.

This Question Belongs to Commerce >> Costing

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