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Weighted Average Item Contribution Margin

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 25, 2015, 3:34:46 AM
Weighted Average Item Contribution Margin=Average Total Contribution MarginAverage Number Sold
cm
ns

The Weighted Average Item Contribution Margin calculator computes the weighted average of the item contribution margin. The weighted average formula is used to calculate the average value of a particular set of numbers with different levels of relevance. The relevance of each number is called its weight. The weights should be represented as a percentage of the total relevancy. 

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Weighted Average." FinanceFormulas.net. N.p., n.d. Web. 07 Aug. 2015.
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