average cost per unit
1Average cost method — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
2average cost — 1) The average cost per unit of output calculated by dividing the total costs, both fixed costs and variable costs, by the total units of output. 2) (AVCO; weighted average cost) A method of valuing units of raw material or finished goods issued… …
3average cost — The average cost per unit of output calculated by dividing the total costs, both fixed costs and variable costs, by the total units of output. (AVCO; weighted average cost) A method of valuing units of raw material or finished goods issued from… …
4average cost curve — noun a graph which shows the average cost per unit of output …
5average revenue per user — UK US noun [U] (ABBREVIATION ARPU, also average revenue per unit) ACCOUNTING, COMMUNICATIONS ► the average amount of money that a company makes during a particular period of time from an individual customer or product. Average revenue per user is …
6Average Cost Flow Assumption — A calculation used by companies to monitor inventory goods. The average cost flow assumption is one of a variety of cost flow assumption methods used to determine the cost of goods sold (COGS) and ending inventory. Companies use one or more… …
7Weighted Average Cost — is a method of calculating Ending Inventory cost. It takes Cost of Goods Available for Sale and divides it by the total amount of goods from Beginning Inventory and Purchases. This gives a Weighted Average Cost per Unit. A physical count is then… …
8Average cost — In economics, average cost is equal to total cost divided by the number of goods produced (the output quantity, Q). It is also equal to the sum of average variable costs (total variable costs divided by Q) plus average fixed costs (total fixed… …
9Moving-Average Cost — is a method of calculating Ending Inventory cost. Assume that both Beginning Inventory and beginning inventory cost are known. From them the Cost per Unit of Beginning Inventory can be calculated. During the year, multiple purchases were made.… …
10average — / æv(ə)rɪdʒ/ noun 1. a number calculated by adding several figures together and dividing by the number of figures added ● the average for the last three months or the last three months’ average ● sales average or average of sales 2. ♦ on average …
