Note: This activity is good for 1 hour only. Mind your own paper. DON’T CHEAT!

TEST I: YOUR AVERAGES

A. The following table corresponds the sales activity of Dan’s Take- Out Coffee for the
first 15 days of this month. Use the following data to make up the average for the
first 15 days. (5 POINTS)

DAY DAILY SALES DAY DAILY SALES DAY DAILY SALES

1 12,345 6 17,000 11 11,345
2 13,456 7 17,123 12 10,234
3 14,567 8 18,234 13 10,456
4 15,678 9 19,345 14 17,789
5 16,789 10 20,456 15 12,000

B. Using the above table compute the 5 day rolling average to help you make effective
predictions about the sales levels you can expect in the future. (25 points)

C. Laurie Fitsin owns a small sandwich shop called Laurie’s Lunch Box. She has
developed a sales history for the third week of March using total sales and guests
served.
C.1 Help Laurie calculates her average sales per guest for each day of the week and
calculates her totals. (10 points)
Sales period Date DAILY SALES Guest Served
Mon 3/21 12,345 250
Tues 3/22 13,456 300
Weds 3/23 14,567 380
Thurs 3/24 15,678 450
Fri 3/25 16,789 550
Sat 3/26 17,000 600
Sun 3/27 17,123 650

C.2 Laurie has decided that she could take a shortcut and calculate the average sales per
guest for the week by adding Monday through Sunday’s average sales per guest and
dividing by seven. Would this shortcut make a difference in her total average sales per guest
for the week? If so, how much is the difference? Should she take this shortcut? Why or why
not? (5 points)

TEST II: VARIANCE

A. Peggy Richey operates Peggy’s Pizza Place. She has maintained a sales history for
January through June, and she wants to compare this year’s sales with last year’s sales.
Calculate her sales variances and percentage variances for the first half quarter of the
year. (assuming that you are already in your 3rd quarter operation of this year)(35
points)
Month Sales this year Sales last year Month Sales this year Sales last year
Jan 137,702.73 134,861.51 Jul 237,702.73 234,861.51
Feb 133,472.03 131,485.60 Aug 138,472.03 131,485.60
Mar 136,492.98 133,707.79 Sept
Apr 135,550.12 132,557.85 Oct
May 136,890.12 137,852.42 Nov
Jun 37,482.52 37,256.36 Dec
NAME:__________________________________________________-YR/SEC______________SCORE:_____________
TEST I.

A.

B.
DAY
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
TOTAL
5-DAY
ROLLING
AVERAGE
C. (C.1)
Sales period Date DAILY SALES Guest Served ASP/G
Mon 3/21 12,345 250
Tues 3/22 13,456 300
Weds 3/23 14,567 380
Thurs 3/24 15,678 450
Fri 3/25 16,789 550
Sat 3/26 17,000 600
Sun 3/27 17,123 650
7-DAY
AVERAGE
(C.2)

TEST II.
Month Sales this year Sales last year VARIANCE % VARIANCE

FIRST HALF
QUARTER TOOL