Weighted Average Cost

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Definitions
Average Cost (AVCO)
Average Cost Weighted Average Cost Accounting Fixed Costs Variable Costs Process Costing Inventory Management
Average Cost (also known as Weighted-Average Cost) is a method of determining the cost per unit by dividing total costs by the total output. This method includes recalculating the unit value for raw materials or finished goods after each new consignment.
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Definitions
Weighted Average Cost
Weighted Average Cost Inventory Valuation Cost of Goods Sold Ending Inventory Accounting Methods Inventory Management
A method of valuing inventory that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale during the period.
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