The Weighted Average Selling Price calculator computes the weighted average selling price by taking the ave. total sales over the ave. number sold.
INSTRUCTIONS: Choose the preferred currency units and enter the following:
(ATS) This is the average total sales.
(ANS) This is the average number sold.
Weighted Average Selling Price: The calculator returns the weighted average selling price in U.S. dollars. However, this can be automatically converted to other currency units via the pull-down menu.
The process for determining a weighted average selling price is the very same as the process used to determine a weighted average product cost.
Resource:
Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
"Step 8 for Calulating a Weighted Average - WA Selling Price | Business Plan Hut." Step 8 for Calulating a Weighted Average - WA Selling Price | Business Plan Hut. N.p., n.d. Web. 07 Aug. 2015.
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