Need some help coming up with an Excel formula

Sterling19

Junior Member
Dec 11, 2005
5
0
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I have two columns of data that I am trying to work with. For example:

Days in Stock // Cost
2 // $300
114 // $500
33 // $200
7 // $400
31 // $300
102 // $800

What I want to know is the Average cost of items in stock 0-10 days, 11-60 days, 60+ days. So, for 0-10 days I should get an output of $350; for 11-60 days I should get an output of $250; and for 60+ days I should get an output of $650.

TIA for any help.