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Mechanical Engineering · Q110

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 110

Q110

The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

A.
Inflated system
Answer
B.
Primary cost method
C.
Current value method
D.
Fixed price method

Answer: Option A

Solution

Answer: Option A
Solution:
The wastage of material in the store is taken into account by the inflated system method in the evaluation of the material issued from the store.