Average Accumulated Expenditures Calculation for 2024

Calculation of Average Accumulated Expenditures for 2024

To calculate the average accumulated expenditures for 2024, you will need to add up all of the expenditures that occurred in that year and divide the total by the number of months in which those expenditures occurred.

The expenditures that occurred in January 1, 2024 were $205,000, on September 1, 2024 were $306,000, and on December 31, 2024 were $306,000, making the total for the year $817,000.

There were 12 months in 2024, but expenditures only occurred in 3 of those months. So, the calculation for the average accumulated expenditures for 2024 would be:

$817,000 / 3 months = $272,333.33 per month.