5
Pricing of Materials
CHAPTER OUTLINE
LEARNING OBJECTIVES
After reading this chapter, you will be able to understand:
Different methods of pricing of materials
The advantages and disadvantages of different methods of pricing
The various adjustments involved in different methods of pricing
5.1 INTRODUCTION
Materials are purchased at different times and at different prices. Now the question arises: At what price should materials be issued to production? Frequent changes in the prices of ...
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