For example, you have a shopping list with prices, weights, and amounts. But what if weighted average price? In this article, I will introduce a method to calculate the weighted average, as well as a method to calculate weighted average if meeting specific criteria in Excel.
Calculate weighted average if meeting given criteria in Excel. Full Feature Free Trial day! Supposing your shopping list is as below screenshot shown. Step 2: The weighted average price may include too many decimal places.
The formula we introduced above will calculate the weighted average price of all fruits. But sometimes you may want to calculate the weighted average if meeting given criteria, such as the weighted average price of Apple, and you can try this way.
Step 2: Select the cell with this formula, and then click the Increase Decimal button or Decrease Decimal button on the Home tab to change the decimal places of weighted average price of apple.
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Inventory costing - Weighted Average, Perpetual
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How to calculate weighted average in Excel?
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Your username will be emailed to the email address on file. Forum Get forum support. How to calculate weighted average in Excel? Read More Free Download Formula is too complicated to remember?
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Login Now. Loading comment The comment will be refreshed after To post as a guest, your comment is unpublished. Hi Andy, Good Question, I hope you're still searching for the answer.
You can still apply the same formula as above just adapt it to fit your needs. I hope this helps: 3 years is never too late to reply lol hehe.
Reply Share. I am trying to calculate a weighted average on a subset of data that meets certain criteria. So for red oak the weight on the first line is. So my weighted average length based on value of inventory is