After all, before that capability, âIt used to be that girls would bring a suitcase of Girl Scout cookies when they went to visit grandma,â says Anna Maria ChÃ¡vez, CEO of Girl Scouts of the USA. âThe number one reason people donât buy Girl Scout cookies is because they canât find a Girl Scout.
Average Costs Edit. 1  Definition. 2  Average cost is equal to total cost divided by the number of goods produced (the output quantity, Q). 3  It is also equal to the sum of average variable costs (total variable cost divided by Q) plus average fixed costs (total fixed costs divided by Q).
For example, if there are three widgets having individual costs of $10, $12, and $14, average costing would dictate that the cost of all three widgets be treated as though they were $12 each, which is the average cost of the three items. The average costing calculation is: Cost of goods available for sale / Total units from beginning inventory and purchases. This method can also be used to determine the average amount invested in each of a group of securities.