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how to calculate the average price. In the spreadsheet program of your choice or by hand if that suits your fancy make columns for the purchase date amount invested shares bought. This is how the FIFO method is used for calculating the average price.
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Each brokerage chooses one of those three methods but the bottom line is that the final result turns out to be the same. Time to achieve Excellence in ExcelIn this video you will learn how to calculate the average price in Excel. To calculate the average purchase price of your shares you have to divide the total amount invested by the total number of shares bought.
The cost price formula.
Take a look at the calculation of average price for Intraday trading. The average cost is calculated by dividing the total amount in dollars invested in a mutual fund position by the number of shares owned. Total Shares Bought Shares Bought 1st Shares Bought 2nd Shares Bought 3rd. Here is an overview of how to calculate labor cost.
