Average cost (AVCO) method - How To Discuss

calendarApr 5, 2022 · 1 min read  ·
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Average cost (AVCO) method,

Definition of Average cost (AVCO) method:

  • Inventory costing method based on the average cost of inventory during a period. AVCO is computed by dividing the cost of goods in inventory by the number of goods in inventory at any point in time.

    • Meaning of Average cost (AVCO) method & Average cost (AVCO) method Definition

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