and the change in average total monthly revenue for these two years. How have these numbers changed? Year (WBCE) Monthly barrels of gosum berries demanded Price per barrel Change in average total monthly revenue Monthly average total revenue 107 700 $70 700x70= 49000 49000/700= 70 108 600 $84

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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  1. Complete the table below by calculating what the monthly average total revenue is for year 107, what the monthly average total revenue is for year 108, and the change in average total monthly revenue for these two years. How have these numbers changed?

Year (WBCE)

Monthly barrels of gosum berries demanded

Price per barrel

Change in

average total monthly revenue

Monthly average total revenue

107

700

$70

700x70= 49000

49000/700= 70

108

600

$84

600x84= 50400

50400/600= 84

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