Question

State the formula to determine average cost.

Answer 1

heya

here is your answer

sum of all values/no. of values

hope it helps you

Answer 2

Answer:

In accounting ,to find the average cost ,divide the sum of variable costs and fixed costs by the quantity of units produced .It is also a method for valuing inventory .In this sense ,computers it as cost of goods available for sale divided by the number of units available for sale.

Explanation:

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