Since each year has 12 months, and Ramey bought 4 boxes of cereal each month, multiply 12 times 4 to find the total amount of boxes of cereal that Ramey bought in a year:

The cost of each box of Brand X cereal is $2.47. Multiply 48 times $2.47 to find the total amount of money spent on Brand X cereal in a year:

Therefore, Ramey spent $118.56 on Brand X cereal in a year.