If the average costing method is followed based on the perpetual inventory system, then the average unit cost figure is calculated each time when the purchase is made. A simple weighted average perpetual inventory calculator to find ending inventory cost using average cost method. Select the sold or purchased units in the average inventory ending cost calculator, the tool will update you the total and average cost of the balance units and total.
If the average costing method is followed based on the perpetual inventory system, then the average unit cost figure is calculated each time when the purchase is made. A simple weighted average perpetual inventory calculator to find ending inventory cost using average cost method. Select the sold or purchased units in the average inventory ending cost calculator, the tool will update you the total and average cost of the balance units and total.
This weighted average perpetual inventory calculator is good in finding the average cost within the fractions of seconds. Also, you can add more data by clicking on the 'Add one more' option given at the bottom of the calculator portion.