QUESTION 3 of 10: Last month, sales in the following categories were: Promotional items ($1,401 with returns of $214 and discounts of
$159), Staple items ($2,306 with returns of $178), All other items ($2,298 with returns of $56). The total square footage of selling space is
5,000 square feet. Compute the sales per square foot of selling space.
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a) $0.78/square foot
b) $1.08/square foot
c) $1.54/square foot
d) $1.67/square foot

Respuesta :

Answer:

b) $1.08/square foot

Explanation:

The sales per square foot will be the net sales/total square feet.

Net sales :

promotional items = sales - returns- discount

=$1,401 - $214 -  $159

=$1028

Staple items = sales -returns

= $2,306- $178

=$2,128

Other items

= $2,298- $56

=$2,242

Total net sales = $1028 + $2,128 + $2,242

=$5,398

The sales per square foot of selling space will be

=$5,398/5000

=$ 1.079

=$1.08