Moving average technique in simple terms is a point in time cost method (perpetual type) i.e. the issues are always valued basis the point in time cost price on the item.
The example uses an opening inventory (Quantity = 1 and Value =100$)
Moving average technique in simple terms is a point in time cost method (perpetual type) i.e. the issues are always valued basis the point in time cost price on the item.
The example uses an opening inventory (Quantity = 1 and Value =100$)
*This post is locked for comments