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 |
Final Answer:
Showing 2 comments:
Chub
the symbolic equation is for the average and not the weighted average. Step-by-step explanation is correct though
Tips for related online calculators
Looking for help with calculating arithmetic mean?
Looking for a statistical calculator?
Need help calculating a sum, simplifying, or multiplying fractions? Try our fraction calculator.
Looking for a statistical calculator?
Need help calculating a sum, simplifying, or multiplying fractions? Try our fraction calculator.
You need to know the following knowledge to solve this word math problem:
statisticsnumbersUnits of physical quantitiesGrade of the word problem
Related math problems and questions:
- Salami
We have six kinds of salami, six of which have ten pieces, and one of which has four pieces. How many ways can we distinctly choose five pieces of salami? - Speed of Slovakian trains
Rudolf took the train from the station 'Nitra' to 'Nové Zámky'. In the train timetables found train Os 5004 : km 0 Prievidza 14:25 4 Koš 14:30 14:31 9 Nováky 14:36 14:37 13 Zemianske Kostoľany 14:42 14:43 16 Bystričany 14:47 14:48 19 Oslany 14:51 14:51 23 - N percentille problem
Here is a data set (n=117) that has been sorted. 10.4 12.2 14.3 15.3 17.1 17.8 18 18.6 19.1 19.9 19.9 20.3 20.6 20.7 20.7 21.2 21.3 22 22.1 22.3 22.8 23 23 23.1 23.5 24.1 24.1 24.4 24.5 24.8 24.9 25.4 25.4 25.5 25.7 25.9 26 26.1 26.2 26.7 26.8 27.5 27.6 2 - City market
Apples were sold at contractual prices at the city market. Calculate the average price of 1 kg of apples sold: Stand, Sale kg, Price CZK/kg 1 325 6.20 2 194 7.00 3 258 6.50 4 870 5.90 5 275 6.40 - Standard deviation
Find the standard deviation for the following grouped data: Age (years); Number of Persons 0–10; 15 10–20; 15 20–30; 23 30–40; 22 40–50; 25 50–60; 10 60–70; 5 70–80; 10 - Triangles
Find out whether the given sizes of the angles can be interior angles of a triangle: a) 23°10',84°30',72°20' b) 90°,41°33',48°37' c) 14°51',90°,75°49' d) 58°58',59°59',60°3' - Accommodation - hotel
Calculate the average price of accommodation for one night and one room from all hotels if I have 3 hotels: 1. The hotel has 34 rooms for 46 euros/night and an offer of 6 nights, 2. The hotel has 22 rooms for 79 euros/night and offers 5 nights, 3. The hot
