Question: This is a First Post discussion, answer the questions and check each others work. Problem 1 a. Using the following sales data, prepare a chart

This is a First Post discussion, answer the questions and check each others work.

Problem 1

a. Using the following sales data, prepare a chart in the form illustrated in Figure 16.10

Drinks Prepared Number Sold Ounces per Drink Drink Price
Martini's 20 2 $4.95
Straight Shots 120 1.5 $3.00

b. Using the average sales value method, determine the potential sales value of 12 one-liter bottles of Gin.

Problem 2

a. Compute the deviation from potential sales, as described in the text, given the following information for a recent test period:

Actual sales for period = $12,000 Potential Sales based on straight shots = $12,500

b. What should actual sales be if the potential sales based on straight shots in (Part a) were $9,000?

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