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Calculate the index number for the total...

Calculate the index number for the total cost of the raw material uses, given `Sigma omega=10 and Sigma I omega= 1173.61`.

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To calculate the index number for the total cost of the raw material usage, we will follow these steps: ### Step 1: Write down the given values We have the following values: - \(\Sigma W = 10\) - \(\Sigma IW = 1173.61\) ### Step 2: Use the formula for the index number The formula for calculating the index number \(I\) is given by: \[ I = \frac{\Sigma IW}{\Sigma W} \] ### Step 3: Substitute the given values into the formula Now, we will substitute the values we have into the formula: \[ I = \frac{1173.61}{10} \] ### Step 4: Perform the division Now, we will perform the division: \[ I = 117.361 \] ### Step 5: Write the final answer Thus, the index number for the total cost of the raw material usage is: \[ \text{Index Number} = 117.361 \] ---
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