Moving Average Method: Difference between revisions
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(Created page with " {{Learning concept |Description=A method of valuing all units of inventory at the same average per-unit cost, recalculating this cost after each purchase. This method is used...") |
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{{Learning concept | {{Learning concept | ||
|Description=A method of valuing all units of inventory at the same average per-unit cost, recalculating this cost after each purchase. This method is used in a perpetual inventory system. | |Description=A method of valuing all units of inventory at the same average per-unit cost, recalculating this cost after each purchase. This method is used in a perpetual inventory system. | ||
|Wikipedia reference=http://en.wikipedia.org/wiki/Average_cost_method#Moving-Average_Cost | |Wikipedia reference=http://en.wikipedia.org/wiki/Average_cost_method#Moving-Average_Cost | ||
}} | }} | ||
Latest revision as of 14:53, 17 January 2014
Description
A method of valuing all units of inventory at the same average per-unit cost, recalculating this cost after each purchase. This method is used in a perpetual inventory system.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Average cost method#Moving-Average Cost
Learning Material
Covered in Topic(s)
| Inventories & the COGS |