FM 224 Ch 3 Practice Average Sale per Transaction and UPTs Professor Werner 1. Calculate the average sale per transaction based on the following information: Scanario Average $ Sale per Transaction a....

please, help needed with these types of retail math problems, will be on a test, thank you.


FM 224 Ch 3 Practice Average Sale per Transaction and UPTs Professor Werner 1. Calculate the average sale per transaction based on the following information: Scanario Average $ Sale per Transaction a. 127 transactions were rung up on the register for a total of $7162.80 b. Gross sales were $4481.40 based on 97 customer transactions c. 342 transactions were made in the store last week totaling $24,795.00 d. 1342 transactions were rung on the register last week. The total gross sales were $20,599.70 e. Net sales were $81,048.35. If 983 customers transacted business last week, what were the sales per transaction? f. The average retail price in a local sneaker store is $140.00. If the average UPT is 1.4, how much does the average customer spend when shipping in this store? 2. Calculate the average Units per Transaction (UPTs) given the following information: Scenario UPTs The top salesperson in a boutique sold 132 units during a recent weekend sale. If there were 31 transactions, what were the UPTs? The average retail at Joe’s Menswear is $160.00. If the average person spends $570 per visit, what are the average UPTs? At the $5 Store, the average person spends approximately $26.80. What is the average UPT? The average customer at Target spends approx $46.55. If the average retail price for clothing is about $18.50 , what is the average clothing UPT ? The average sales person at Bergdorf Goodman sold 24 units and had 9 transactions. What were the average units per transaction.