Average cost method
id:
average-cost-method-280-7128178
title:
Average cost method
text:
Average cost method is a method of accounting which assumes that the cost of inventory is based on the average cost of the goods available for sale during the period. The average cost is computed by dividing the total cost of goods available for sale by the total units available for sale. This gives a weighted-average unit cost that is applied to the units in the ending inventory. There are two commonly used average cost methods: Simple weighted-average cost method and perpetual weighted-average
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Average_cost_method
date created:
date modified:
2024-03-08T21:31:28Z
main entity:
{"identifier":"Q3001925","url":"https://www.wikidata.org/entity/Q3001925"}
image:
fields total:
13
integrity:
13