Consider the following Ben & Jerry's dollar sales and market share details. A marketing manager for Ben & Jerry's has been provided with a marketing dashboard display. She notices that dollar sales for 2014 were $240 million and in 2015 they were $250 million. What was the formula used to calculate the dollar sales for each of these two years?
A)Dollar sales ($) = Average price × Quantity manufactured in each year.
B)Dollar sales ($) = Average cost of goods sold - Fixed costs in each year.
C)Dollar sales ($) = Average price - Shrinkage rate in each year.
D)Dollar sales ($) = Average price × Quantity sold in each year.
E)Dollar sales ($) = Average cost of goods sold - Variable costs in each year.

Question

Quizplus · Accepted Answer

Dollar sales can be calculated by multiplying the average price of the product by the quantity sold in each year. Therefore, option D is the most appropriate choice.

Consider the Following Ben & Jerry's Dollar Sales and Market