This question is about how to calculate weighted average.

What is a weighted average used for in accounting?

By Zippia Team - Dec. 7, 2022

A weighted average is used for inventory valuation in accounting. This is called the Weighted Average Cost (WAC) method, and it takes into account both the number of goods available for sale and their cost to calculate the WAC per unit.

What is a weighted average used for in accounting?

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