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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
- 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 |
(enter text here) |
(enter text here) |
(enter text here) |
(enter text here) |
(enter text here) |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education