Which of the following method of pricing of material issue is categorized as 'Notional Price Method' ?

CS Executive · Cost and Management Accounting · PYQS · December 2021
Which of the following method of pricing of material issue is categorized as 'Notional Price Method' ?
(A) Specific price method
(B) Moving simple average price method
(C) Inflated price method
(D) Base stock price method

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Material Pricing

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