Item weight is defined as a percentage or decimal of a total. find the expenditure for each item by multiplying the price by the quantity. add each item to find the total budget. Divide the expenditure on one item by the total budget to find the item weight.

Inflation Weighting Problem Item Quantity Unit Price Expenditure (Q X P) Item Weight Coffee 20 pounds $7 Tuition 1 year 4.000 Pizza 150 pizzas 10 Streaming TV 12 months 30 Vacation 1 week 350 Total Budget 9 ) Inflation Weighting Problem Inflation Last Year Percent Last Year's Last Year's This Year's This Year's Impact (% Item Quantity Item Change in Price Expenditure Unit Price Expenditure change in Weight Price CPI) Coffee 20 $7 $14 Tuition 1 year 4,000 4500 Pizza 150 10 12 Streaming TV 12 months 30 36 Vacation 1 week 350 300 Total Total Average Total Last Year This Year Expenditure Expenditure Inflation