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how to calculate weighted average ending inventory. The weighted average cost per unit is therefore 25778 116000 450 units The ending inventory valuation is 45112 175 units 25778 weighted average cost while the cost of goods sold valuation is 70890 275 units 25778 weighted average cost. The basic formula for a weighted average where the weights add up to 1 is x1 w1 x2 w2 x3 w3 and so on where x is each number in your set and w is the corresponding weighting factor.
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For periodic weighted average the total dollar amount of goods available for sale should be divided by the total number of units available for sale to obtain the average cost for the entire period. How to calculate inventory weighted average cost. Add cost of goods sold and ending inventory to see if it matches goods available for sale.
This method of calculating ending inventory is based on the assumption that the.
Inventory weighted average cost formula WAC To easily calculate WAC use the simple formula as followed. The basic formula for a weighted average where the weights add up to 1 is x1 w1 x2 w2 x3 w3 and so on where x is each number in your set and w is the corresponding weighting factor. Code to add this calci to your website. The weighted average cost per unit is therefore 25778 116000 450 units The ending inventory valuation is 45112 175 units 25778 weighted average cost while the cost of goods sold valuation is 70890 275 units 25778 weighted average cost.
