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

Difference

=($2.50 per basket)(125 baskets)(4 shifts per week)(4 weeks)
=$2.50*125*4*4
=$5000

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

To find out how much lower the employee's sales will be than the average for the store in April, we need to calculate the total sales for both the employee and the store.

First, let's calculate the total sales for the store in April. We know that the average basket size for the store is $11.50, and assuming the store has the same number of transactions per shift, we can calculate the total number of transactions for the entire month.

In March, the employee had an average basket size of $9.00 and averaged 125 transactions per shift. Assuming the employee maintains this average basket size and number of transactions, we can calculate the employee's total sales for April.

Now, let's calculate the total sales for the store in April:
Total transactions for the store = Average transactions per shift * Number of shifts per week * Number of weeks in April
Assuming the average number of transactions per shift for the store is the same as the employee's average (125 transactions), the calculation would be:
Total transactions for the store = 125 transactions * 4 shifts per week * 4 weeks in April

Total store sales for April = Total transactions for the store * Average basket size for the store

Next, let's calculate the employee's total sales for April:
Total employee sales for April = Average basket size for the employee * Number of transactions per shift * Number of shifts per week * Number of weeks in April

Now, to find out how much lower the employee's sales will be compared to the store's average, we can subtract the employee's total sales from the store's total sales:
Difference = Total store sales for April - Total employee sales for April

By following this process and substituting the values for average basket size, number of transactions, shifts per week, and weeks in April, you will be able to calculate how much lower the employee's sales will be compared to the store's average for the month of April.