The cost of the units sold and in ending inventory is a weighted average of the purchase costs.
A)Weighted average
B)First-in, first-out (FIFO)c.Last-in, first-out (LIFO)d.Specific identification

Weighted Average

A mathematical calculation that takes into account both the numbers and their weights, resulting in a figure that reflects their combined effect.

Purchase Costs

The actual amount paid or the expense incurred in acquiring goods or services, including the product price, shipping, and handling fees.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.