Example Question - monthly sales

Café Sales Analysis and Revenue Calculation Based on Monthly Data

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. <p>Number of cups sold in May = 367</p> <p>New price per cup in May = \$2.25</p> <p>Revenue in May = Number of cups sold \times New price per cup</p> <p>Revenue in May = 367 \times 2.25</p> <p>Revenue in May = \$826.25</p>