AVCO Unit 5 FRA
jewels.p
Registered Posts: 1,774 Beyond epic contributor 🧙♂️
Does anyone have an easy way of explaining AVCO on Stock Valuation?
Also how do you decide which Stock Valuation to use in a business?
Any help appreciated.
Thanks:001_smile:
Also how do you decide which Stock Valuation to use in a business?
Any help appreciated.
Thanks:001_smile:
0
Comments
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Receipts Issues Balance
Jan 40 £3.00 £120.00
Feb 20 £3.60 £72 40 £3.00 £120.00
20 £3.60 £72.00
60 £3.20 £192.00
Mar 36 £3.20 £115.20 24 £3.20 £76.80
Apr 20 £3.75 £75.00 24 £3.20 £76.80
20 £3.75 £75.00
44 £3.45 £65.55
AVCO is adding your balance totals together and dividing them into your number off stock to give you an average…see example above....hope this helps0 -
my example has gone awry....so send me you e mail if you like and i can send it to you
:001_smile:0
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