Posted by toliver on .
Your store’s average basket (transaction) size for the month of March was $11.50 and you believe the average basket size will remain the same for your store in April. One of your hourly employees had an average basket size of $9.00 for the month of March and averaged 125 transactions per shift. If the employee works four shifts per week for the month of April (a four week period) and does not change her average basket size or number of transactions, her sales will be how much lower than average for your store
=($2.50 per basket)(125 baskets)(4 shifts per week)(4 weeks)
The sales goal for your store this week is $22,682. The sales goal for your store this week last year was $20,128. Your store has averaged 1775 transactions per week for the last four weeks. Assuming the number of transactions is consistent, what is the average basket size (transaction amount) you need this week in order to meet your goal?
is this correct answer 12.78