Question

------ average price is average of prices of consignment lying in the store at the time of issue.​

Answer 1

Answer:

please i don,t know the answer

Answer 2

The correct fill in the blank is average price.

• Such price calculation falls under the category of Simple Average Method.
• This technique of material pricing is based on the idea that materials should be provided to production or a task based on the average price of two preceding receipts, independent of quantity.
• Until another consignment of materials arrives, the average price is used for pricing issues of the lying consignment.