Which of the following methods of pricing of material issues, avoids price fluctuations and reduces the number of calculations and gives an acceptable figure for stock?

CS Executive · Cost and Management Accounting · PYQS · December 2021
Which of the following methods of pricing of material issues, avoids price fluctuations and reduces the number of calculations and gives an acceptable figure for stock?
(A) First-in first out method
(B) Last-in first out method
(C) Simple average method
(D) Weighted average method

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Material Pricing

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