when material prices fluctuate widely the method of pricing that gives absurd result 556038

State whether the following statements are true or false:
a. In standard price method, issue of materials is priced at a predetermined rate.
b. When material prices fluctuate widely, the method of pricing that gives absurd result is simple average price. 3. When prices fluctuate widely, the method that will smooth out the effects of fluctuations is the weighted average method.
c. Price fluctuation is not an important criterion in fixing pricing methods.
d. Under replacement price method, issues are priced at the market rate.
e. In LIFO, issues are close to current economic values.
f. Weighted average method is adding all the different prices and dividing the sum by the number of such prices.
g. FIFO is suitable in times of rising prices.
h. Material should be issued against material requisition.
i. Market price method is suitable when quotations have to be sent.