Which of the following is are the methods of material Issue ........

Costing - Phase (I & II) Basics of Cost Control and Analysis

Which of the following is/are the methods of material Issue?

Last in First Out (LIFO)

Simple Average Method

Weighted Average Method

First in First Out (FIFO)

All of the above

There are various method of pricing material issue to the production departments:

First in First Out (FIFO)

Last in First Out (LIFO)

Highest in First Out (HIFO)

Base Stock Method

Next in First NIFO)

Simple Average Method

Weighted Average Method etc.

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