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Former Member
Nov 11, 2010 at 02:30 PM

Need your expertise on a question in Product costing area

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Hi there to all,

Need your Expertise please....

Our Purchasing department is planning to move from Standard price control to moving average price for all ingredients and packaging materials.

They wanted to know what it takes to do that and the impacts itu2019s going to have on the product costing and FIFO impacts it might have.

Can you Put some light on it, Any information wouldbe really helpful as i am really amatuer on this area.

Thanks

Jay