Weighted Average Cost Of Goods Sold Formula

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The weighted average cost per unit is therefore 257 78 116 000 450 units The ending inventory valuation is 45 112 175 units 257 78 weighted average cost while the cost of goods sold valuation is 70 890 275 units 257 78 weighted average cost

Weighted Average Cost Of Goods Sold FormulaThe weighted-average cost is the total inventory purchased in the quarter, $113,300, divided by the total inventory count from the quarter, 100, for an average of $1,133 per unit. The cost of... The term weighted average cost in accounting refers to the method of determining expenses associated with a business s cost of goods sold COGS and inventory It is common for businesses to pay different prices when ordering inventory because certain types of stock are not always available This may be confused with individual pricing later