WAC meaning in Business ?

Answer:

What is Weighted Average Cost mean?

Under the 'average cost method', it is assumed that the cost of inventory is based on the average cost of the goods available for sale during the period.

The average cost is computed by dividing the total cost of goods available for sale by the total units available for sale. This gives a weighted-average unit cost that is applied to the units in the ending inventory.

There are two commonly used average cost methods: Simple weighted-average cost method and perpetual weighted-average cost method.

reference

Full Form	Category
Whitman Activity Center	Academic & Science
Writing Across the Curriculum	Academic & Science
World Archaeological Congress	Academic & Science
World Archaeology Congress	Academic & Science
With Approved Credit	Accounts and Finance
Waca	Airport Code
Wydad Athletic Club	Associations & Organizations
Western Area Center	Business
Weighted Average Cost	Business
Web Access Consignment	Business
Wild Acre Metals Limited	Business
War Advertising Council	Business
Warnaco Group, Inc.	Business
WebAndCrafts	Business
Weighted Average Coupon	Business
Weak Acid Cation	Chemistry
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Waterfront Activities Center	Community
Washington Alpine Club	Community
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Washington Athletic Club	Community
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Windsor Aquatic Club	Community
Willamette Angel Conference	Community
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Walton Arts Center	Community
World Accounting Computer	Computing
Winamp Component	Computing
Windows Access Server	Computing
Web Application Composer	Computing
Write Access	Computing
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Web Access Control	Computing
Web Archiving Conference	Computing
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Windows Admin Center	Computing
Weighted Average Current	Electronics
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World Arthroplasty Congress	General
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Wholesale Acquisition Cost	General
World Avocado Congress	General
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World Affairs Council	Governmental
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War Alliance Council	Governmental
WWW.Angelfire.Com	Internet
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Weighted Average Constant	Maths
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