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 63 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
YES! Correct, THANKS for helping me on my review


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Gracias!

 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library