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 Question
Which one out of the following is not an inventory valuation?
In a perpetual inventory system, the weighted average cost method is called:

The weighted average method divides the cost of goods available for sale by the number of units:
The average inventory costing method which results in a changed unit inventory cost after each
successive purchase?
Weighted average method is same as:

What is formulae for Weighted Average Price Method?

When will be the weighted average price is calculated?
 Option-A
Average cost methods
Moving average cost method

Available for sale

Weighted Average method

Specific identification method

Rate of Issue = Value of material in stock / quantities of material in stock

fresh lot is received
 Option-B
Last in First Out
Residual method

Already Sold

Simple Average Method

LIFO

Rate of Issue = Value of material in stock / Price of material in stock

fresh issues
 Option-C
First in First Out
Arithmetic cost method

Purchased during the period

LIFO
FIFO

Rate of Issue = Price of material in stock / quantities of material in stock

Both the above
 Option-D
Economic Ordering Quantity
None of the above

All of the above

FIFO
None of the above

Rate of Issue = Value of material in stock X quantities of material in stock

None of the above
Correct Answer
D
A

A
D

A
A