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Harlan Gravity Grips produces spike sets for track shoes. CEO Brittany Harlan has gathered the following information about the companys sales volume and marketing cost
Harlan Gravity Grips produces spike sets for track shoes. CEO Brittany Harlan has gathered the following information about the companys sales volume and marketing cost for the past six months. Sales Volume Total Marketing Costs January 550,940 $82,728 February 390,960 $74,543 March 561,304 $83,060 April 543,000 $82,328 May 546,188 $82,500 June 552,768 $82,864
Variable marketing cost = .05 per spike set sold
Compute the total fixed marketing cost $_________________
Examine the data and identify the potential outliner. Potential outliner is the month of? _________
Recalculate the marketing cost function, removing the potential outliner. Marketing cost function = $_________ x sets sold + $_________
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