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    shellysteff's Avatar
    shellysteff Posts: 1, Reputation: 1
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    #1

    Sep 25, 2008, 06:01 PM
    Find weighted average
    10@$6.00
    20@$12.00
    15@$14.00
    tlarocca's Avatar
    tlarocca Posts: 17, Reputation: 1
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    #2

    Sep 26, 2008, 06:15 AM

    Hi

    the weighted average is calculated as follows:

    10 X $60 = $600
    20 X $12 = $240
    15 X $14 = $210

    TOTAL =$1050

    WTD AVGE = $1050 divided by 45
    = $23.33
    AdamUTsel's Avatar
    AdamUTsel Posts: 100, Reputation: 2
    Junior Member
    		  
    #3

    Sep 26, 2008, 06:57 AM

    Mathematically...

    x = (x1y1 + x2+y2 +... + xNyN) / (x1 + x2 +... + xN)

    For you the answer, is $11.33.

    (60+240+210) / (10+20+15) = 510 / 45 = $11.33
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