If a firm is using a perpetual inventory system and is using the average

If a firm is using a perpetual inventory system and is using the average

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If a firm is using a perpetual inventory system and is using the average-cost method of valuation, when is a new average cost computed?
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Unformatted text preview: At the end of the month. At the end of the accounting period. After each sale. After each purchase...
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This note was uploaded on 01/04/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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