What is the formula that use in moving average method calculation ?

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Muhammad
10-September-2014

Accounting Inventory

Question added by Mohammad Zaid abu odeh , Senior Accountant , Mega Food Industries And Products Exports L.L.C
Date Posted: 2015/05/10

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by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

Moving Average = Cost of Goods Available for Sale and divides it by the number of units available for sale (number of goods from Beginning Inventory + Purchases/production).

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