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how to find average cost formula. Also called the mean average. Cost Basis Average cost per share 4858 x of shares sold 5 24290.
The average cost deals with the summation of arithmetic cost divided by the number of the quantity or the number of items given. 10 Average fixed cost 3 Average variable cost x 1000 Units 13000 Total cost. Cost Basis Average cost per share 4858 x of shares sold 5 24290.
The average total cost is sometimes referred to as the per unit total cost since it is calculated by taking the total cost of production and dividing that by the number of units produced.
AVERAGEnumber1 number2 The function uses the following arguments. The formula for calculating average cost is given by. In simpler terms it measures how much a business has to spend on each unit or product of output produced. AVERAGEnumber1 number2 The function uses the following arguments.