shellysteff
Sep 25, 2008, 06:01 PM
10@$6.00
20@$12.00
15@$14.00
tlarocca
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
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