Inventory/Day

smr385

New Member
Joined
May 8, 2011
Messages
1
Can anyone please help me with this. I would like to find out what is the profit / day. Every time i buy my QTY and Cost is different. Every day my sold QTY and Sold Price is different. It needs to use old inventory with old cost until that is gone then use the new inventory with new price.
For example

Date QTY Cost QTY Sold Profit/Day

5/1/11 10 1.00 6 1.49
5/2/11 0 0 3 1.99
5/3/11 15 1.25 8 1.59
5/4/11 so on

Currently i have this formula but its not working.
=SUMPRODUCT(D$3:D4*E$3:E4)-SUMPRODUCT(B$3:B4*C$3:C4)
Thank you very much!!!
 

Excel Facts

What do {} around a formula in the formula bar mean?
{Formula} means the formula was entered using Ctrl+Shift+Enter signifying an old-style array formula.

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