Question - Café Sales Analysis and Revenue Calculation Based on Monthly Data
Solution:
c. In May, Café Mocha raised their price for each cup of coffee to \$2.25. To calculate the revenue for May, we will multiply the number of cups sold by the new price per cup.
Number of cups sold in May = 367
New price per cup in May = \$2.25
Revenue in May = Number of cups sold \times New price per cup
Revenue in May = 367 \times 2.25
Revenue in May = \$826.25
CamTutor
In regards to math, we are professionals.
Get In Touch
Email: camtutor.ai@gmail.com