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Total sold price according to stock price list

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  1. #1
    Registered User
    Join Date
    01-10-2014
    Location
    Galway
    MS-Off Ver
    Excel 2007
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    16

    Total sold price according to stock price list

    I am selling some stuff and trying to make my SELLING SUMMARY in excel. One sheet contains products purchase history with details like:
    • product name,
    • quantity, value,
    • price for 1 piece


    The other sheet contains selling summary log with details like:
    • product name,
    • total sold quantity


    All I want is to write formula which can calculate the product total value according to stock history.

    Example: I have bought 1200 pieces of product "MICRO USB CABLE" 3 times with different prices each times.

    This is the purchase order with details:
    1. 1st time I have bought 500 cables for € 0.60 each
    2. 2nd time I have bought 400 cables for € 0.63 each
    3. 3rd time I have bought 300 cables for € 0.50 each

    AND NOW: I have sold 1000 pieces of product "MICRO USB CABLE". That mean that I have sold 500 cables for € 0.60 each, then 400 cables for € 0.63 each and 100 cables for € 0.50 each. As you see, for 3rd time I just took 100 cables because I have sold only 1000 (not all 1200).

    Now, I can calculate total amount manually with this formula:
    PHP Code: 
    =(500*0.60)+(400*0.63)+(100*0.50
    but how to make it to calculate automatically?

    There is function called
    PHP Code: 
    =SUMPRODUCT() 
    but I am not familiar with that

    For better understand please take a look to this document:
    https://docs.google.com/spreadsheet/...mc&usp=sharing
    (you can edit this document "in fly")

    Any idea?
    Last edited by maniootek; 01-22-2014 at 08:23 PM.

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