news | September 18, 2026

Average cost (AVCO) method - How To Discuss

Average cost (AVCO) method,

Definition of Average cost (AVCO) method:

  1. Inventory costing method based on the average cost of inventory during a period. AVCO is computed by dividing the cost of goods in inventory by the number of goods in inventory at any point in time.

Meaning of Average cost (AVCO) method & Average cost (AVCO) method Definition