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average cost

   Also found in: Medical, Financial, Wikipedia, Hutchinson 0.04 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.average cost - total cost for all units bought (or produced) divided by the number of units
monetary value, price, cost - the property of having material worth (often indicated by the amount of money something would bring if sold); "the fluctuating monetary value of gold and silver"; "he puts a high price on his services"; "he couldn't calculate the cost of the collection"


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? Mentioned in ? References in periodicals archive
 
BOAT BITS $747,577 Average cost to maintain one mile of interstate highway in 2006.
19, 2006 continents, the AICPA proposed that the IRS and Treasury should allow the use of the rolling average cost method in valuing inventories when this method approximates actual cost.
They conclude that [R - (COC X IC)/P] is a measure of employee productivity, PC/P represents average cost per person.
 
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