# Sumproduct In Excel

#### varunwalla

##### New Member
Hello everyone,

I need to calculate the average price of a product let say Orange.

1. First 30 Qty of Orange is bought at 8.85 so the value becomes 265.50
2. Next 5 Qty of Orange is bought at 8.75 so the value becomes 43.75
3. Total cost of 35 Qty is 309.25
4. Now taking the average value of 35 is 8.84 ( rounding to 2 digit ) i.e 309.25 divide by 35

At the moment i am using this procedure to calculate the average value

Code:
``=SUMPRODUCT(E3+E4)/(C3+C4)*(B3="Orange")``

is there any techniques to simplify this for each product i am manuly entering the reference cells for apple i am entering it as

Code:
``=SUMPRODUCT(E2+E5)/(C2+C5)*(B5="Apple")``

is there any formula to simplify these steps

Sumproduct.xlsx
ABCDEFGHI
1S.NoProduct NameQuantityPriceTotal PriceAverage Price CostTotal Investment Cost
21Apple5198.00990.00Orange8.84Orange
32Orange308.85265.50Apple204.00Apple
43Orange58.7543.75
54Apple5210.001050.00
Sheet 1
Cell Formulas
RangeFormula
G2G2=SUMPRODUCT(E3+E4)/(C3+C4)*(B3="Orange")
G3G3=SUMPRODUCT(E2+E5)/(C2+C5)*(B5="Apple")
A3:A5A3=(A2+1)
E2:E5E2=(C2*D2)

Any help would be much appreciated

#### RoryA

##### MrExcel MVP, Moderator
It's SUMIF, not SUM in I2.

### Excel Facts

What did Pito Salas invent?
Pito Salas, working for Lotus, popularized what would become to be pivot tables. It was released as Lotus Improv in 1989.

#### varunwalla

##### New Member
One more thing tired out is to try out If function i.e c3=sale then in h2 the calculation should be ignored too much if function googled out like if, countif, nested if what to try out i.e the value in h2 should be display as 8.84

Sumproduct.xlsx
ABCDEFGHIJ
1S.NoProduct NameTypeQuantityPriceTotal PriceAverage Price CostTotal Investment Cost
21ApplePurchase5198.00990.00Orange9.17Orange641.75
32OrangePurchase308.85265.50Apple204Apple2040.00
43OrangePurchase58.7543.75
54ApplePurchase5210.001050.00
65OrangeSale359.50332.50
Sheet 1
Cell Formulas
RangeFormula
H2:H3H2=ROUND(SUMIF(\$B:\$B,\$G2,\$F:\$F)/SUMIF(\$B:\$B,\$G2,\$D:\$D),2)
J2:J3J2=SUMIF(\$B:\$B,\$I2,\$F:\$F)
A3:A6A3=(A2+1)
F2:F6F2=(D2*E2)

#### RoryA

##### MrExcel MVP, Moderator
You need SUMIFS for multiple criteria:

=ROUND(SUMIFS(\$F:\$F,\$B:\$B,\$G2,\$C:\$C,"<>Sale")/SUMIFS(\$D:\$D,\$B:\$B,\$G2,\$C:\$C,"<>Sale"),2)

Note that with SUMIFS, the range to sum goes first, not last.

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