Procurement Price/Purchase Price: Incase goods are purchased through agent or the supplier is quoting price ex show room/store then the hotel is required to pay the commission to the agent and carriage inward charges for transporting the goods to the hotel.

Average Price: In case the price of an item fluctuates very frequently and every time it is purchased, the price may be different than the price paid, may be, a day before. This ensures more stability in the issue price of the commodities and hence does not affect adversely on the food cost.

Weighted Average Price: The weighted average of the item is calculated to have more stability in issue price as compare to average price.

Higher Price: The price debited to the departments while issuing stores is more than the price paid by the hotel for procuring the goods.

Standard Price: Irrespective of the price paid for procuring the commodities but the price charged is fixed by the management. Usually the management fixes the price of a commodity for a certain period, and the same price is charged to departments while issuing commodities against requisition.