DTaP and Tdap are both combined vaccines against diphtheria, tetanus, and pertussis. The difference is in the dosage, with the upper case letters meaning higher quantity. The names are easy to confuse, and the Institute for Safe Medication Practices reports hundreds of cases of accidental mix-ups.
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This technique is also referred to as moving average method. Using the data from above example we can compute the cost of goods sold and the cost of ending inventory as follows: Cost of goods sold: $4,092 + $5,158 + $14722 + $2,103 = $26,075 (Total of sales column) Cost of ending inventory: $9,665 (Balance column) The use of average costing method in perpetual inventory system is not common among companies. The main advantage of using average costing method is that it is simple and easy to apply.