{"version":"1.0","type":"link","title":"Average cost method - Newikis","description":"Average cost method is an inventory valuation method in accounting that assigns a cost to inventory based on the average cost of goods available for sale during a period. Instead of tracking individual purchase prices, the method applies an average unit cost to both cost of goods sold (COGS) and…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400}