This topic contains a solution. Click here to go to the answer

Author Question: Yarlan Gravity Grips produces spike sets for track shoes. CEO Brittany Yarlan has gathered the ... (Read 7 times)

Tiffanyanne824

  • Full Member
  • ***
  • Posts: 142
Yarlan Gravity Grips produces spike sets for track shoes. CEO Brittany Yarlan has gathered the following information about the company's sales volume and marketing cost for the past six months.

Sales VolumeTotal Marketing Costs
January550,700$82,770
February390,50074,525
March561,00083,050
April543,00082,330
May546,60082,480
June553,90082,960

Required:

a.Using the high-low method, compute the variable marketing cost per spike set.
b.Compute the total fixed marketing cost.
c.Represent the marketing cost function in equation form.
d.Examine the data and identify the potential outlier.
e.Recalculate the marketing cost function, removing the potential outlier.
f.Which of the two cost functions you calculated would be appropriate to use in
estimating future marketing costs? Why?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Tiffanyanne824 on Feb 5, 2023

ellie

  • Full Member
  • ***
  • Posts: 168
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




Tiffanyanne824

  • Member
  • Posts: 142
Reply 2 on: Feb 5, 2023
:D TYSM


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library