What were daudis sales as of wednesdays closing

Assignment Help Managerial Accounting

Reference no: EM133440501

Question: Daudi owns and manages a restaurant featuring Middle Eastern cuisine. He tracks his sales on a daily basis and in the past had waited until the end of the week to sum his weekly sales. Last week Daudi's operation achieved these daily sales:

Daudi's Daily Sales Record

Weekday	Sales ($)
Monday	1852.85
Tuesday	2158.44
Wednesday	1986.33
Thursday	2154.44
Friday	2687.99
Saturday	3452.83
Sunday	1325.55

After attending a managerial accounting seminar held at the annual meeting of his state restaurant association, Daudi now wants to modify the way he records his sales to create an improved sales history record. Help Daudi begin using the improved sales history record he has created by completing the daily/week-to-date sale spreadsheet he has prepared, and then answer the questions that follow.

Daudi's Improved Weekly Sales History

Weekday	Sales	Sales to Date	% of Weekly Sales
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday

a.) What were Daudi's sales as of Wednesday's closing?
b.) What were Daudi's sales as of Friday's closing?
c.) What were Daudi's sales for this week?
d.) On what night did Daudi achieve the greatest percentage of his weekly sales?
e.) On what night did Daudi achieve the lowest percentage of his weekly sales?
f.) Why do you think Daudi decided to add the % of Weekly Sales column to his improved weekly sales history record?"

Reference no: EM133440501

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