Moving average price means that when new stock is added to existing stock, the total value is re-evaluated based on the value of both the old and new stock. Standard price means that inventory is evaluated at a fixed price for a period, regardless of any new stock added. Moving average and standard pricing are different approaches to valuing inventory as stock levels change over time.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
25 views1 page
Questions
Moving average price means that when new stock is added to existing stock, the total value is re-evaluated based on the value of both the old and new stock. Standard price means that inventory is evaluated at a fixed price for a period, regardless of any new stock added. Moving average and standard pricing are different approaches to valuing inventory as stock levels change over time.