Different methods of pricing of issuing store, affect
some parameters differently.
These parameters and pricing affect on these are tabulated below:
Method
|
Recovers
Costs
|
Reflect
Market
Price
|
Eliminates
Variation
|
Avoids
Stock
Adjustment
|
FIFO
|
Yes
|
No
|
No
|
Yes
|
LIFO
|
Yes
|
Yes
|
No
|
No
|
Average
|
Yes
|
Yes
|
Yes
|
Yes
|
Market
|
No
|
Yes
|
No
|
No
|
Standard
|
No
|
No
|
Yes
|
Yes
|
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