To calculate the Average Cost Basis (ACB):
\[ ACB = \frac{TI}{S} \]
Where:
An average cost basis is defined as the average cost of a fund or stock per share of the fund owned. That is the amount you paid per share on average.
Let's assume the following values:
Step 1: Use the average cost basis formula:
\[ ACB = \frac{TI}{S} = \frac{10000}{200} = 50 \]
The Average Cost Basis is $50 per share.