Yes it's possible but you need to make sure you reference the subform controls properly to do it. Here's a calculation I do in the detail section of a report that looks at two different subforms (rsubReturns and rsubSales) for a value, hopefully it will help you with setting yours up.
You may want to try looking up the DAvg function which will allow you to take the average of a field. Set your text box to look at the query that feeds your subreport instead of looking at the subreport itself. DAvg sample usage:
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