weighted average method

English Term (puo:englishTerm)

weighted average method

Description (puo:definition)

A method of inventory valuation that calculates the cost of inventory items by multiplying each unit’s cost by the number of units and then these amounts are added together and divided by the total number of units to determine the weighted
average cost per unit.

Sesotho Term (puo:sesothoTerm)

mokgwatekanyo ka palohare

Afrikaans Term (puo:afrikaansTerm)

geweegde-gemiddelde- metode

PanSALB Approved Languages (schema:status)

Pending

Subject Field (schema:isPartOf)

Basic/General Accounting