Among the simple average pricing and weighted average pricing method. Which of the store ledger preparing method is more preferrable in this contemporary business world and why?

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Among the simple average pricing and weighted average pricing method. Which of the store ledger preparing method is more preferrable in this contemporary business world and why?

 

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Simple Average Pricing method considers the average prices by taking only the prices and averaging them to get a price for the cost of goods sold

Whereas weighted average takes into the total cost ie Quantities * Price to get a price for the cost of goods sold

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