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Weighted average with specific conditions

  1. #1
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    06-14-2012
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    Brussels
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    Excel 2010
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    Weighted average with specific conditions

    Hi there,

    I need to calculate a weighted average based on specific conditions.
    For example in the tables below, I have the data in sheet 1.
    What I am looking for, is to get the weighted average of the 'rate' based on the 'tons' only for the same date and the same line. So on the 23/07/2012 anf for the line J1, I should get the weighted average of the rate based on the tons that date.


    see Sheet 1

    The output I need is in the table below, sheet 2. My output is the 'weighted average of rate' cell and in the 'formula' cell I just show how it should be calculated

    see Sheet 2

    Can somebody help me what formula to use to calculate the 'weighted aver of rate'?

    Thank you

    Table 1.pngSheet 2.png
    Last edited by lfmemp; 07-30-2012 at 11:05 AM.

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