Accounting Dictionary - Letter W

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Weighted average
is an inventory costing method which assumes that the weighted average cost of inventories is to be recognized as the cost of goods sold. Ending inventory cost is also calculated using the weighted average cost.
Go Back
Don't see the term you are looking for? Try searching our entire website:
Not a member?
See why people join our
online accounting course:
Free Study Notes
Download free accounting study notes by signing up for our free newsletter (example):
First Name:
E-mail:
We never share or sell your e-mail to third parties.