AUTO TIRE COUPONS

Average Cost Of New Tires

average cost


total cost for all units bought (or produced) divided by the number of units


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.


In economics, average cost or unit cost is equal to total cost divided by the number of goods produced (the output quantity, Q). It is also equal to the sum of average variable costs (total variable costs divided by Q) plus average fixed costs (total fixed costs divided by Q).

new tires


Well, they were new when I put them on five years ago. Ignore the dry rot and they almost look new; hey, they still hold air.