During the time of inflation, which method of pricing of material issues leads to higher material costs for a job?

During the time of inflation, which method of pricing of material issues leads to higher material costs for a job?

Q. During the time of inflation, which method of pricing of material issues leads to higher material costs for a job?

A.            First in first out method

B.            Last in first out method

C.            Highest in first out method

D.            Standard pricing method

Answer: Last in first out method

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