Which of the following inventory valuation method/s is/are less suited to cost control?
A) Weighted average costs
B) First in first out cost
C) Standard costs
D) Weighted average costs AND standard costs

Question

Quizplus · Accepted Answer

The weighted average costs method smooths out price fluctuations over the period by averaging the costs, which can make it harder to pinpoint specific cost increases or decreases for cost control purposes.

Which of the Following Inventory Valuation Method/s Is/are Less Suited