Write a Review Add a photo. 1  4/12/2017. I decided to try this restaurant last night as part of my week long experience here in VA Beach. 2  3/6/2017. Last night my husband and I tried this restaurant for the first time. 3  3/4/2017. The food has a very good taste but for the amount of money I payed for a bandeja paisa is not enough food 4  . 12/6/2016.
Weighted Average Inventory Cost per Unit = $ 108.75/unit. The calculation of weighted average costs of the stock held as inventory applies each time there is a transaction or movement in stock supply--hence the term moving average inventory cost method.
Apply the formula to calculate the inventory turnover ratio. Once you know the COGS and the average inventory, you can calculate the inventory turnover ratio. Using the information from the above examples, in this 12 month period, the company had a COGS of $26,000 and an average inventory of $6,000.