Weighted Average
Learning Objective
I can calculate a weighted average by multiplying each value by its weight, summing the results, and dividing by the total weight.
Lesson Flow
Watch Video
How to Calculate Weighted Average Inventory - Fast!
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Practice
7 questions β’ Short answer
Exit Ticket
βA store has 20 items that cost $8 each and 30 items that cost $12 each. Calculate the weighted average cost per item. Show your work. A company purchased 50 units at $5 each, 25 units at $7 each, and 25 units at $9 each. What is the weighted average cost per unit? Show your work. An inventory consists of 15 items costing $10 each and 35 items costing $6 each. Calculate the weighted average cost per item. Show your work.β
Teacher Guide
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