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Average Cost/Unit

  1. #1
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    Question Average Cost/Unit

    Good Morning dear all master excel, I am a beginner in using excel application.

    Please help to determine the average cost / unit in the data
    sales, sales returns and purchase returns with excel formulas. If I analyze the data determine the unit average cost / unit with manual way it will spend time. and also if data consists of several items and also a lot of transactions then it will be difficult for me.

    An excel file sample is attached to this message. I'm sorry if I've disturbed the activities of master2 excel in this group. Please solve my problem with urgent. Please respond as soon as possible.


    Thank you

    Kana
    Attached Files Attached Files
    Last edited by AliGW; 03-29-2018 at 03:06 AM.

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    It's hard for me to determine where your raw data is, and which values you are using? Can you walk me through the method you are using please?
    The calc itself is probably fairly simple - either AVERAGEIFS() or a SUMIFS/COUNTIFS
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    Question Re: Average Cost/Unit (Please solve my problem with urgent)

    Dear Mr. FDibbins


    file that is attached in my excel with in yellow color, I want the result of that value with excel formula


    this is the average cost method.

    Please help me


    Thanks You



    Kana

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    You probably need something like this...
    Attached Files Attached Files

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    The duplicate of this thread was not explained properly, so I was unable to help.

    https://www.excelforum.com/excel-new...ml#post4864097

    It still is no clearer what is wanted!!
    Glenn




    None of us get paid for helping you... we do this for fun. So DON'T FORGET to say "Thank You" to all who have freely given some of their time to help YOU.

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    This is fifo method, but I want average cost method

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    Question Re: Average Cost/Unit (Please solve my problem with urgent)

    Dear Master Excel,



    With this I attach my excel file that I have simplified so it makes it easy to understand it.


    Please solve the problem as soon as possible and urgent (I mark it in yellow and there are words with formula)

    Thanks you


    Rgds


    Kana
    Attached Files Attached Files

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    Hi Please check attachment.I am sure solve your problem
    Attached Files Attached Files

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    Dear Master excel,



    Thanks the file you send but the average unit cost in / pcs & average unit cost out / pcs, the total value of stock result is not the same as my file.



    Thanks you


    Kana
    Attached Files Attached Files

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    See tab "AVR cost" as a possible model.

    And "AVR test" based on your data for ONE product
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    Last edited by JohnTopley; 03-22-2018 at 04:50 PM.

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    Question Re: Average Cost/Unit (Please solve my problem with urgent)

    Dear Master Excel,


    I would like to thank the data sent to me

    but still there is no match with this I attach a mismatch with the yellow marking

    and there is a word signifying with the formula. Please help me urgently.


    Thanks.


    Rgrds


    Kana
    Attached Files Attached Files

  12. #12
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    Re: Average Cost/Unit (Please solve my problem with urgent)

    Kana - please do not demand 'urgent' help.

    Please remember that those who help here do so voluntarily and of their own goodwill. They live in many different time zones and many will be out at work right now if they are not asleep on the other side of the globe. This is not a paid 'service': members will help when they are ready and able to do so, and not 'on demand'. Please do not try to put pressure of time on anyone here: if you get the help you need today, that's fine, but you really should not count on it. Thanks for your understanding and patience.
    Ali


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    I apologize for the words that offend all the headmasters and I'm just brilliant who do not understand the problem of the formula excel. thank you

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    There is nothing (nor formulae) in the posted file so it is impossible to determine what is wrong.

    The attached has the AVR solution I previously posted: you need to say what is wrong and why: in particular the UNIT COST column.
    Attached Files Attached Files

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    Question Re: Average Cost/Unit (Please solve my problem with urgent)

    Dear Master Excel,


    With this I attach the excel file data that I have modified from the previous file

    I received before and here the problem I mark with the arrow so I want the formula

    because the data using the formula manually it will make trouble if the code is around 100 or above 1000 code.

    Sorry if there are words that I am less pleased in the hearts of all excel masters. Thank you very much.



    Rgrds


    Kana
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    Re: Average Cost/Unit (Please solve my problem with urgent)

    EDIT: see following post.
    Last edited by JohnTopley; 03-29-2018 at 04:42 AM.

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    Re: Average Cost/Unit (Please solve my problem with urgent)

    See attached: #ERRORs removed
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    Last edited by JohnTopley; 03-29-2018 at 04:42 AM.

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    Question Re: Average Cost/Unit

    Dear Master,


    Herewith I attach an excel file that


    there is an incomplete result problem with my answer is in the columns j and k and


    the difference is marking me in red. Please Help me.


    Thanks You


    Kana
    Attached Files Attached Files

  19. #19
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    Re: Average Cost/Unit

    You will need to tell us what the results SHOULD be and WHY.

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    Re: Average Cost/Unit

    My results are in columns J and k and because the standard calculation is the average cost per pcs

  21. #21
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    Re: Average Cost/Unit

    Ah, so I see now! Sorry.

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    Re: Average Cost/Unit

    You need to explain the logic to be applied for "Transfer In" and "Transfer Out" to Stock Quantity and Stock Values as it would appear that these cause the difference in values.

    You value in J5 is Stock Value (R5) divided by 103 whereas the original calculation is Stock Value (r5) divided by Stock Quantity (Q5) of 101: the "Transfer Out" (F2 Quantity) is 2 : is this the reason for the difference.

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    Question Re: Average Cost/Unit

    Dear Mr. John Topley


    I explain the incoming transfers are incoming transfer of stock from branch and

    outgoing transfers are transfer out from from branch.

    Average cost is made per branch so the stock will decrease or increase according to transactions transfer from the branch.

    For ret sales, purchase, transfer in, transfer out transactions only in stock quantity but the average price still take

    the average price of example I attach the excel file that I revised because the previous average value

    I miscalculated for then for the code 01-2-01 from date 06-01-2018 up to 27-01-2018 then the average value of incoming cost

    and the average cost per outgoing value per pcs is 53481.66272.

    How is the formula for the transaction ret sales, ret purchase, transfer in and transfer out follow the average value.

    Please Help me.

    Thank you

    Rgrds


    kana
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    Re: Average Cost/Unit

    I have no idea how you get the result in J5.

    The tab "AVR cost" calculates the first few entries as I understand the calculations.
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