Oct 012019
 

The method of cost assignment that computes an average cost per equivalent unit of production for all units completed during the current period; it combines beginning inventory units and costs with current production and costs, respectively, to compute the average

Today I spent the whole afternoon in meetings, then came out and penned a couple of descriptions. Phew. Time for a run now.

Can you do better?

I am working hard to add examples and definitions. But can you add some context or a better definition on ‘Weighted Average Method (Of Process Costing)‘? If so, please leave your comments below.

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