Which one of the following methods of pricing of material issues is useful in process costing?

CS Executive · Cost and Management Accounting · PYQS · December 2018
Which one of the following methods of pricing of material issues is useful in process costing?
(A) First in first out method
(B) Last in first out method
(C) Simple average method
(D) Periodic weighted average method

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Material Costing

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