If the sales of Product D in Q4 were 300 units, what was the average sales per q
Practice Questions
Q1
If the sales of Product D in Q4 were 300 units, what was the average sales per quarter for Product D?
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Questions & Step-by-Step Solutions
If the sales of Product D in Q4 were 300 units, what was the average sales per quarter for Product D?
Step 1: Identify the total sales for Product D over the four quarters. Since we only know the sales for Q4, we need to assume the sales for the other three quarters.
Step 2: Assume the sales for Q1, Q2, and Q3 are the same as Q4, which is 300 units each.
Step 3: Calculate the total sales for all four quarters: 300 (Q1) + 300 (Q2) + 300 (Q3) + 300 (Q4) = 1200 units.
Step 4: Divide the total sales by the number of quarters to find the average: 1200 units ÷ 4 quarters = 300 units.
Step 5: The average sales per quarter for Product D is 300 units.
Average Calculation – Understanding how to calculate the average sales by dividing total sales by the number of quarters.
Sales Data Interpretation – Interpreting sales data correctly to derive meaningful insights.