Boliche is a main course in Cuba. It is a delicious food made of roast, sausages, onion and potatoes. The roast is stuffed with the sausages and than browned in olive oil. The meat is simmered than in water with onions, after which the potatoes are added.
The ending inventory valuation is $45,112 (175 units Ã $257.78 weighted average cost), while the cost of goods sold valuation is $70,890 (275 units Ã $257.78 weighted average cost).The sum of these two amounts (less a rounding error) equals the $116,000 total actual cost of all purchases and beginning inventory.hen using the weighted average method, divide the cost of goods available for sale by the number of units available for sale, which yields the weighted-average cost per unit.
By Chizoba Morah AAA |. A: The main difference between weighted average cost accounting, LIFO, and FIFO methods of accounting is the difference in which each method calculates inventory and cost of goods sold. The weighted average cost method uses the average of the costs of the goods to assign costs.In other words, weighted average uses the formula: Total cost of items in inventory available for sale divided by total number of units available for sale.In contrast, FIFO (first in, first out) accounting means that the costs assigned to goods are the costs for the first goods bought.y Chizoba Morah AAA |. A: The main difference between weighted average cost accounting, LIFO, and FIFO methods of accounting is the difference in which each method calculates inventory and cost of goods sold. The weighted average cost method uses the average of the costs of the goods to assign costs.