# Weighted-average

Calculate the weighted-average cost of the following inventory purchases:

Date Quantity | Purchased | Cost per Unit |
---|---|---|

May 4 | 33 | $12.25 |

May 11 | 41 | $13.87 |

May 29 | 37 | $11.99 |

### Correct answer:

**Showing 2 comments:**

**Chub**

the symbolic equation is for the average and not the weighted average. Step-by-step explanation is correct though

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