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WebWeighted Avg Inventory Schedule: - add previous total cost to the total cost of the new purchase and divide that number amongst the quantity to get unit cost average For example: 6,000 quantity $30 unit cost $180,000 total cost THEN 54,000 quantity $31 unit cost $1674000 total cost You would: $1674000+180000=1854000/60,000=30.90
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