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Is weighted average cost handled through Perpetual Average Costing ?

Summary:

Is weighted average cost handled as Perpetual Average Costing ?

Content (please ensure you mask any confidential information):

Customer is having different ERP system , currently customer is using weighted average cost

Oracle Fusion Cost Management, the weighted average cost method is handled through Perpetual Average Costing ?

Could you please suggest

Version (include the version you are using, if applicable):

26C

Code Snippet (add any code snippets that support your topic, if applicable):

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