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Which average price method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved?
  • a)
    Simple Average Method
  • b)
    Weighted Average Method
  • c)
    Periodical Simple Average Method
  • d)
    Periodic Weighted Average Method
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which average price method calculates the average price by dividing th...
The correct answer is Option A: Simple Average Method. This method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved. It can be used when prices are normally stable and the stocks purchased are in equal quantities or the stock value is small.
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Which average price method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved?a)Simple Average Methodb)Weighted Average Methodc)Periodical Simple Average Methodd)Periodic Weighted Average MethodCorrect answer is option 'A'. Can you explain this answer?
Question Description
Which average price method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved?a)Simple Average Methodb)Weighted Average Methodc)Periodical Simple Average Methodd)Periodic Weighted Average MethodCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which average price method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved?a)Simple Average Methodb)Weighted Average Methodc)Periodical Simple Average Methodd)Periodic Weighted Average MethodCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which average price method calculates the average price by dividing the total rates of materials by the number of rates of prices, ignoring the quantities involved?a)Simple Average Methodb)Weighted Average Methodc)Periodical Simple Average Methodd)Periodic Weighted Average MethodCorrect answer is option 'A'. Can you explain this answer?.
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