# Weighted-average cost

> Weighted-average cost — The cost-flow assumption that every unit carries the average cost of what is on hand — in a perpetual record, recomputed after each purchase and applied to each issue.

Source: https://lopifi.com/glossary/weighted-average-cost
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is weighted-average cost?** In accounting, weighted-average cost means the cost-flow assumption that every unit carries the average cost of what is on hand — in a perpetual record, recomputed after each purchase and applied to each issue.

## Also known as

- Average cost

## Words this system refuses for it

- average price (that is a selling price)

- **Category:** Statements
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)