Which of the following is not a cost price method of pricing of material issues ?

CS Executive · Cost and Management Accounting · PYQS · June 2018
Which of the following is not a cost price method of pricing of material issues ?
(A) First-in-first-out (FIFO)method
(B) Last-in-first-out (LIFO) method
(C) Standard price method
(D) Specified price method

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost and Management Accounting

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