Price variance weighted average
The weighted average cost (WAC) method of inventory valuation uses a weighted average to determine the amount that goes into COGS and inventory. 29 Mar 2011 Average vs Weighted Average The 'average' and the 'weighted average' of a certain number set of components have the same sense of Purchase Price Variance (PPV) can be defined as the price difference between the amount that is paid to a supplier to buy a product and the actual cost of the