The PDQ Company reported the following daily sales for the periods indicated:
Compute the average daily sales for the entire period of 47 working days . Wt Av = Sum of Products (days * sales) / Sum (sales)
= ((32 * 22) + (40 * 20) + (54 * 5)) / (22 + 20 + 5)
= 2016 / 47 = 42.8936... rounded to 2 places gives: $42.89 Thousand
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