Weighted Average Cost Per Unit. To get unit cost take the total amount of 2 520 and divide by the 220 total units available to get the weighted average unit cost of 11 45. To do this you just take the total value of the inventory including the costs of getting it to its destination freight handling and insurance and divide this by the quantity.
To do this you just take the total value of the inventory including the costs of getting it to its destination freight handling and insurance and divide this by the quantity. The weighted average cost per unit is therefore 257 78 116 000 450 units the ending inventory valuation is 45 112 175 units 257 78 weighted average cost while the cost of goods sold valuation is 70 890 275 units 257 78 weighted average cost. The weighted average cost per unit therefore is 257 78 116 000 450 units ending inventory valuation is 45 112 175 units 257 78 weighted average cost and cogs valuation is 70 890 275 units 257 78 weighted average cost the total of these two amounts equals the 116 002 total actual cost of all purchases and beginning inventory.
To get unit cost take the total amount of 2 520 and divide by the 220 total units available to get the weighted average unit cost of 11 45.
The weighted average cost method divides the cost of goods available for sale by the number of units available for sale. Using the weighted average costing method compute the cost per unit. The weighted average cost per unit therefore is 257 78 116 000 450 units ending inventory valuation is 45 112 175 units 257 78 weighted average cost and cogs valuation is 70 890 275 units 257 78 weighted average cost the total of these two amounts equals the 116 002 total actual cost of all purchases and beginning inventory. When the store sells another 40 units on january 22 they record it under issues quantity and multiply it by the unit cost of 11 45 for an amount of 458.
