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# Certain beverage company provides complete line of beel; Wine_ and soft drink products for distribution through retail outlets in centra Jowa_ Unit price data for 2...

## Question

###### Certain beverage company provides complete line of beel; Wine_ and soft drink products for distribution through retail outlets in centra Jowa_ Unit price data for 2011 and 2014 and quantities sold in cases for 2011 follow: Use 2011 as the base periodUnit Price ($)2011 Quantity (cases)Item20112014Beer35,00019.5020.15Wine5,000100.00 117.00Soft drink60,0008,80Compute the price relatives for this company'$ products_ (Round your answers two decima places:)ItemPrice RelativeBeerWineSoft drinkUse

certain beverage company provides complete line of beel; Wine_ and soft drink products for distribution through retail outlets in centra Jowa_ Unit price data for 2011 and 2014 and quantities sold in cases for 2011 follow: Use 2011 as the base period Unit Price ($) 2011 Quantity (cases) Item 2011 2014 Beer 35,000 19.50 20.15 Wine 5,000 100.00 117.00 Soft drink 60,000 8,80 Compute the price relatives for this company'$ products_ (Round your answers two decima places:) Item Price Relative Beer Wine Soft drink Use weighted average of price relatives to show that this method provides the same index as the weighted aggregate method_ (Round your answers to the nearest integer) weighted average of price relatives index weighted aggregate price index

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