Business Studies

Which is of the following is / are false?


ANSWER

In the weighted average method issue price is the weighted average of quantity and price and the weight being the percentage of value of each lot in the total stock.


SOLUTION
In the Weighted average cost method the pricing of the materials is done on weighted average basis and the weights will be based on the quantity.
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Single Correct Medium Published on 18th 08, 2020
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