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Author Question: Dana owns her own real estate agency. She has been working hard to increase her client base. She ... (Read 49 times)

lauraleepop

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on: Feb 5, 2023
Dana owns her own real estate agency. She has been working hard to increase her client base. She offers the most comprehensive advertising campaign in the city and it has been paying off by the steady increase in the number of listings over the last several months. However, Dana is concerned that her extensive cost for advertising is eating into her profits. It is difficult to determine how much she spends on advertising for each listing because some of her advertising sources are fixed amounts each month and others are more variable in nature. She would like to analyze the following information to determine how her advertising costs behave based on the number of listings.

Number of Advertising
MonthListingsCost
March22$15,280
April2617,640
May3523,145
June4227,205
July4830,565
August5132,485
September5031,835
October5636,020
November5434,920
Using the high-low method, what is Dana's variable cost per listing for advertising?
◦ $593
◦ $612
◦ $610
◦ $598
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by lauraleepop on Feb 5, 2023

kalimarie

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Reply #1 on: Feb 5, 2023
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.
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lauraleepop

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

cdmart10

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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