Average method of pricing the material issues is useful when ___________.

Average method of pricing the material issues is useful when ___________. Correct Answer material prices are fluctuating

Average method of pricing the material issues is useful when material prices are fluctuating. Under the 'Average Cost Method', it is assumed that the cost of inventory is based on the average cost of the goods available for sale during the period. The average cost is computed by dividing the total cost of goods available for sale by the total units available for sale.
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Related Questions

Method of pricing, when two separate pricing methods are used to price transfer of products from one subunit to another, is called
According to which method of pricing issues is close to current economic values?
Three maths classes: X, Y, and Z take an algebra test. The average score of class X is 83. The average score of class Y is 76. The average score of class Z is 85. The average score of class X and Y is 79 and the average score of class Y and Z is 81. What is the average score of the combined classes X, Y, and Z?
Three math classes , X, Y , and Z, take an algebra test. The average score in class X is 83. The average score in class Y is 76. The average score in class Z is 85. The average score of all students in classes X and Y together is 79. The average score of all student classes Y and Z together is 81. What is the average for all the three classes?
উৎপাদন ব্যয়ের সাথে একটি নির্দিষ্ট পরিমাণ মুনাফা যোগ করে পণ্যের মূল্য নির্ধারণের পদ্ধতিকে _ বলে। (Pricing method where a certain percentage of profit is added to the cost of production of a product is called ---.
LIFO method of pricing of materials is more suitable when _________.
দীর্ঘকালীন প্রবণতা পরিমাপ করতে যে পদ্ধতিগুলো ব্যবহৃত হয়, তা হলো- i. Free-hand curve Method ii. Semi-Average Method iii. Moving Average Method নিচের কোনটি সঠিক?
In a set of three numbers, the average of first two numbers is 2. The average of the last two numbers is 3, and the average of the first and the last numbers is 4. What is the average of three numbers ?
The average of eight numbers in 14. The average of six of these numbers 16. The average of the remaining two numbers is 16. The average of the remaining two numbers is-
In company X, the average salary of 10 of the employees is TK. 30,000 the average salary of 30 other employees is TK. 40,000 and the average salary of the remaining 20 employees TK. 60,000. What is the average salary of the 60 employees at the company ?