The product of A and B that is, A B where, A gives the records of regular, plus and premium gasoline sold during the week (Monday to Friday ) and B gives the selling price and profit for each type of gasoline. For Matrix A : Regular Plus Premium Weekdays 4600 1850 720 Weekend 2300 620 480 For Matrix B : Selling Price Profit Regular $ 3.59 $ 0.21 Plus $ 3.79 $ 0.24 Premium $ 4.19 $ 0.18
The product of A and B that is, A B where, A gives the records of regular, plus and premium gasoline sold during the week (Monday to Friday ) and B gives the selling price and profit for each type of gasoline. For Matrix A : Regular Plus Premium Weekdays 4600 1850 720 Weekend 2300 620 480 For Matrix B : Selling Price Profit Regular $ 3.59 $ 0.21 Plus $ 3.79 $ 0.24 Premium $ 4.19 $ 0.18
Solution Summary: The author calculates the product of A and B: AB, where A gives the records of regular, plus and premium gasoline sold during the week.
To calculate: The product of A and B that is, AB where, A gives the records of regular, plus and premium gasoline sold during the week (Monday to Friday ) and B gives the selling price and profit for each type of gasoline.
For Matrix A:
Regular
Plus
Premium
Weekdays
4600
1850
720
Weekend
2300
620
480
For Matrix B:
Selling Price
Profit
Regular
$3.59
$0.21
Plus
$3.79
$0.24
Premium
$4.19
$0.18
(b)
To determine
To calculate: The profit for the weekend if A gives the records of regular, plus and premium gasoline sold during the week (Monday to Friday ) and B gives the selling price and profit for each type of gasoline.
For Matrix A:
Regular
Plus
Premium
Weekdays
4600
1850
720
Weekend
2300
620
480
For Matrix B:
Selling Price
Profit
Regular
$3.59
$0.21
Plus
$3.79
$0.24
Premium
$4.19
$0.18
(c)
To determine
To calculate: The revenue for the entire week, if A gives the records of regular, plus and premium gasoline sold during the week (Monday to Friday ) and B gives the selling price and profit for each type of gasoline.
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