Pricing Log in Sign Up

Categories: All - gas - costing - accounting - inventory

by Gunnar Goodman 9 years ago

410

Average Cost

Average cost is a method used in accounting to determine the cost of goods sold (COGS) and ending inventory (EI). By calculating the average cost, businesses can assign a consistent value to their inventory and expenses.

New Map

by shady youssef

Introduction to Accounting by iCPA

by Paul Santos

Department Duties

by Alfredo Heras

ACCOUNTING: The Language of Business

by Azal Yarkhani

Floating topic

Average Cost

Average cost is a method used in accounting to determine the cost of goods sold (COGS) and ending inventory (EI). By calculating the average cost, businesses can assign a consistent value to their inventory and expenses.

New Map

Introduction to Accounting by iCPA

Department Duties

ACCOUNTING: The Language of Business

Floating topic

What is COGS?

Ending Inventory= $65000

Goods Available for Sale = 100,000

GAS=COGS + EI

EI=GAS less COGS

COGS=GAS less EI

Cost of Goods Sold COGS

Ending Inventory: EI

Goods Available for Sale: GAS

Inventory Cost Methods

Average Cost applies to both Inventory and Cost of Goods Sold

Average Cost

Average Cost is a Costing Method in Accounting

How do I find Average Cost?

Mindomo

More Info

Faq

Average Cost

Average cost is a method used in accounting to determine the cost of goods sold (COGS) and ending inventory (EI). By calculating the average cost, businesses can assign a consistent value to their inventory and expenses.

New Map

Introduction to Accounting by iCPA

Department Duties

ACCOUNTING: The Language of Business

Floating topic

What is COGS?

Ending Inventory= $65000

Goods Available for Sale = 100,000

GAS=COGS + EI

EI=GAS less COGS

COGS=GAS less EI

Cost of Goods Sold COGS

Ending Inventory: EI

Goods Available for Sale: GAS

Inventory Cost Methods

Average Cost applies to both Inventory and Cost of Goods Sold

Average Cost

Average Cost is a Costing Method in Accounting

How do I find Average Cost?

Spread the word about Mindomo

Mindomo

More Info

Faq