Using the high-low method, compute the variable marketing cost per spike set. (Round unit cost to 2 decimal places, e.g. 52.75.)
| Variable marketing cost | =__________ |
Homework Answers
Variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)
=(83004-76187)/(561256-390836)
which is equal to
=$0.04 per spike set.
Add Answer to:
Using the high-low method, compute the variable marketing cost
per spike set. (Round unit cost to...
Compute the total fixed marketing cost. (For computation puposes round variable cost to 2 decimal places,...
Compute the total fixed marketing cost. (For computation puposes
round variable cost to 2 decimal places, e.g. 52.75 and final
answer to 0 decmial places, e.g. 5,275.)
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
Recalculate the marketing cost function, removing the potential outlier. (Round variable cost to 2 decimal places,...
Recalculate the marketing cost function, removing the potential
outlier. (Round variable cost to 2 decimal places, e.g. 52.75 and
other answer to 0 decmial places, e.g. 5,275.)
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
Represent the marketing cost function in equation form. (Round variable cost to 2 decimal places, e.g....
Represent the marketing cost function in equation form. (Round
variable cost to 2 decimal places, e.g. 52.75 and other answer to 0
decmial places, e.g. 5,275.) Marketing cost function $_____ × sets
sold + $_____
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
need b JUMTU UNUL ULULL.SILSIUIUS CLUB Sum athe January February March April May June Sales Volume...
need b
JUMTU UNUL ULULL.SILSIUIUS CLUB Sum athe January February March April May June Sales Volume 550,988 390,856 561,492 543,000 546,956 553,224 Total Marketing Costs $82,796 $76,179 $83,004 $82,449 $82,496 $82,900 Your answer is correct. Using the high-low method, compute the variable marketing cost per spike set. (Round unit Variable marketing cost-> 0.04 per spike set sold e Textbook and Media Your answer is incorrect. Compute the total fixed marketing cost. (For computation puposes round variable cost to 2 decir...
Bramble Gravity Grips produces spike sets for track shoes. CEO Brittany Bramble has gathered the following...
Bramble Gravity Grips produces spike sets for track shoes. CEO Brittany Bramble has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 65,600 49,600 71,100 75,600 68,600 77,800 Total Marketing Costs $8,158 $6,634 $8.560 $8,655 $8,310 $8,890 (a) Identify the high and low points. Machine Hours $ High point $ Low point $ (a) Identify the high and low points. Machine Hours $ High...
find total fixed cost Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan...
find total fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 550,728 390,564 561,284 543,000 546,188 552,552 Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876 Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and...
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following...
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: Qu Aco with Qu Acco with January February March April May June Sales Volume 65,200 49,200 70,700 75,200 68,200 77.400 Total Marketing Costs $7,267 $6,063 $8.520 $8,635 $8,270 $7.755 Qur Acco Que Acco (a) Vies 5 (a) Qu Ассе * Your answer is incorrect. Qu ACC Using the high-low method,...
find the fixed cost Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan...
find the fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: Sales Volume 550,728 390,564 January February March April May June Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876 543,000 546,188 552,552
find total fixed cost Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan...
find total fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 550.728 390,564 561,284 543,000 546,188 552,552 Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876
Calibri (Body) 12 A AT 4Wrap Text Paste A E E Merge & Center x A...
Calibri (Body) 12 A AT 4Wrap Text Paste A E E Merge & Center x A B D High-Low Method Exercise Harlan Gravity Grips produces spike sets for track shoes. CEO Brittany Harlan has gathered the following information about the company's sales volume and marketing costs. Sales Volume Total in Units 550,700 Marketing $82,770 January February 390,500 74,525 March 561,000 83,050 543,000 April 82,330 546,600 82,480 May 82,860 552,900 June Required: Use references and formulas for all answers uta the...
Compute the total fixed marketing cost. (For computation puposes
round variable cost to 2 decimal places, e.g. 52.75 and final
answer to 0 decmial places, e.g. 5,275.)
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
Recalculate the marketing cost function, removing the potential
outlier. (Round variable cost to 2 decimal places, e.g. 52.75 and
other answer to 0 decmial places, e.g. 5,275.)
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
Represent the marketing cost function in equation form. (Round
variable cost to 2 decimal places, e.g. 52.75 and other answer to 0
decmial places, e.g. 5,275.) Marketing cost function $_____ × sets
sold + $_____
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876
need b
JUMTU UNUL ULULL.SILSIUIUS CLUB Sum athe January February March April May June Sales Volume 550,988 390,856 561,492 543,000 546,956 553,224 Total Marketing Costs $82,796 $76,179 $83,004 $82,449 $82,496 $82,900 Your answer is correct. Using the high-low method, compute the variable marketing cost per spike set. (Round unit Variable marketing cost-> 0.04 per spike set sold e Textbook and Media Your answer is incorrect. Compute the total fixed marketing cost. (For computation puposes round variable cost to 2 decir...
Bramble Gravity Grips produces spike sets for track shoes. CEO Brittany Bramble has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 65,600 49,600 71,100 75,600 68,600 77,800 Total Marketing Costs $8,158 $6,634 $8.560 $8,655 $8,310 $8,890 (a) Identify the high and low points. Machine Hours $ High point $ Low point $ (a) Identify the high and low points. Machine Hours $ High...
find total fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 550,728 390,564 561,284 543,000 546,188 552,552 Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876 Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and...
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: Qu Aco with Qu Acco with January February March April May June Sales Volume 65,200 49,200 70,700 75,200 68,200 77.400 Total Marketing Costs $7,267 $6,063 $8.520 $8,635 $8,270 $7.755 Qur Acco Que Acco (a) Vies 5 (a) Qu Ассе * Your answer is incorrect. Qu ACC Using the high-low method,...
find the fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: Sales Volume 550,728 390,564 January February March April May June Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876 543,000 546,188 552,552
find total fixed cost
Sheridan Gravity Grips produces spike sets for track shoes. CEO Brittany Sheridan has gathered the following information about the company's sales volume and marketing cost for the past six months: January February March April May June Sales Volume 550.728 390,564 561,284 543,000 546,188 552,552 Total Marketing Costs $82,756 $72,849 $83,092 $82,178 $82,512 $82,876
Calibri (Body) 12 A AT 4Wrap Text Paste A E E Merge & Center x A B D High-Low Method Exercise Harlan Gravity Grips produces spike sets for track shoes. CEO Brittany Harlan has gathered the following information about the company's sales volume and marketing costs. Sales Volume Total in Units 550,700 Marketing $82,770 January February 390,500 74,525 March 561,000 83,050 543,000 April 82,330 546,600 82,480 May 82,860 552,900 June Required: Use references and formulas for all answers uta the...
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