Question

Q.3)
Rates of materials usually refers to the rates (1 marks )
Ans.
at purchasing
at the delivery
in transit
at the completion of work​

Answer 1

answer:is

at purchasing

Answer 2

Rates of materials used only refers to the rates at purchasing.

• In almost every production based industry, certain kinds of raw materials are mandatory.
• Now, the production companies purchase those materials and the prices of at the time of purchase is calculated as the rate of the materials.
• After production is complete, the prices of individual materials do not matter and that's why the rate of materials are not applicable at the other stages mentioned in the question.