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Accounting > Average Cost Method

The following information is about Average Cost Method.

Average Cost Method Defined

is using a weighted average cost for items in inventory rather than actual cost for each specific item.

This definition is in context to Accounting. See more contextual defintions for Average Cost Method.


Message of ChargĂ© d"™affaires, a.i. marking the 233 rd Independence Day of the United States of America

Published July 3, 2009, 12:39 pm, Daily News

Today marks the 233 rd anniversary celebrating the signing of America’s Declaration of Independence. America’s Founding Fathers knew that achieving independence would require winning a difficult war that risked bringing ruin on their fortunes, friends, and families if they did not succeed.

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Tracking Investment Cost Basis

Published July 1, 2009, 8:07 am, WebCPA

Without fail, every April the mad rush to tie up all of the loose ends on a tax return comes. All of the details are complete to submit the tax returns, except the ever-elusive cost basis on investment sold in the previous year.

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Unwinding at AIG Prompts Pasciucco to Ponder Systemic Failure

Published July 1, 2009, 4:30 am, Bloomberg

July 1 (Bloomberg) -- Gerry Pasciucco stared out from his fourth-floor office at the hurly-burly of midtown Manhattan’s 48th Street, weighing the riskiest trade of his life.

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Constellation Brands Reports Q1 Fiscal 2010 Results

Published July 1, 2009, 4:30 am, PR Newswire via Yahoo! Finance

Achieves comparable basis diluted EPS of $0.33 and reported basis diluted EPS of $0.03

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Final Results for Taihua plc

Published June 29, 2009, 11:03 pm, Marketwire

Taihua plc ('Taihua', the 'Company' or, together with its subsidiary, the 'Group') Preliminary Results for the Twelve Months Ended 31 December 2008 CHAIRMAN'S STATEMENT As announced in our trading update of 18 February 2009, the combined effects of the global economic downturn and the Chinese Government's temporary ban on the production of traditional Chinese medicines (TCMs) had an unavoidable ...

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Pixelplus Reports Financial Results for Fiscal Fourth Quarter 2008

Published June 29, 2009, 5:04 am, PR Newswire via Yahoo! Finance

Pixelplus Co., Ltd. , a fabless semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, today announced unaudited financial results for the fourth quarter of fiscal 2008, which ended on December 31, 2008.

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Micro Imaging Technology Signs Partner to Expand Sales and Manufacturing to Asia

Published June 29, 2009, 4:48 am, Marketwire

SAN CLEMENTE, CA--(Marketwire - June 29, 2009) - Micro Imaging Technology, Inc. ( OTCBB : MMTC ) announced that it has entered into a strategic business development relationship with OPH Ltd. Hong Kong who will be instrumental in securing a manufacturing partner for the Company in Asia. In addition, OPH will develop this market for the MIT 1000 Rapid Microbial Identification System through its ...

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