When price fl uctuates, the effect of fl uctuations is smoothed out by the method: (a) FIFO

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When price fl uctuates, the effect of fl uctuations is smoothed out by the method:

(a) FIFO

(b) LIFO

(c) weighted average

(d) standard price

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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