How is average cost calculated?

Average Cost is calculated by taking the total amount you have spent purchasing an item and diving by the total number of units ordered. This gives you an average cost over time as your cost may fluctuate from order to order. Purchases tracked in ecomdash's PO system are used in this computation.

*Note: If you decide to begin ordering an item by case, and you check the Order by Case box, the historical Average Cost data will be erased so that it can start anew averaging your Case Cost instead of Cost.