Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 9.00

Harlan Gravity Grips

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 cost for the past six months.

 

Sales Volume

Total Marketing Costs

January

550,700

$82,770

February

390,500

$74,525

March

561,000

$83,050

April

543,000

$82,330

May

54-6,600

$82,480

June

552,900

$82,860

Required

  1. Using the high-low method, compute the variable marketing cost per spike set.
  2. Compute the total fixed marketing cost.
  3. Represent the marketing cost function in equation form.
  4. Examine the data and identify the potential outlier.
  5. Recalculate the marketing cost function, removing the potential outlier.
  6. Which of the two cost functions you calculated would be appropriate to use in estimating future marketing costs? Why?

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 06:07 PM My Price 9.00

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