Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Order Quantity 1 8 6 Quantity Ordered 2 4 5 2 From To Price per Roll 3 4 9 2 1 6 0 $ 2

Order Quantity
186 Quantity Ordered
2452 From To Price per Roll
3492160 $215
419161120 $195
5356121240 $175
6148241 and up $155
7342
8382
9276
10118
11464
12188
1325
14427
1530
16111
17161
18314
19442
20429
21451
2232
23181
24163
25336
26240
2768
28317
29435
30211
3176
32374
33415
34408
35196
36302
37312
3831
39317
40394
41348
4249
43500
44490
4594
46285
47237
48101
4953
50257
51273
52415
53346
54133
55287
56431
57113
58197
596
60328
61114
62207
63273
64257
65113
66400
67324
68500
6960
70117
71466
72370
73293
74164
7563
76252
77394
78109
79233
80340
81430
82210
83363
84120
85429
86113
87391
88375
89487
9011
91264
9214
93177
94193
95427
96320
97347
9864
99430
100282
10166
102457
103377
10415
105333
10623
107230
108378
109136
110250
111377
112388
113256
114337
115419
116171
117278
118184
119357
120368
121409
122100
123154
124160
125239
126186
127383
128156
129217
130452
131111
132208
133317
13460
135185
136383
13752
138282
139188
14052
141106
142346
143277
144484
145208
146229
147311
148450
149304
150379
15115
15299
153324
154151
155179
156460
157441
158309
15937
160305
161348
16285
163135
164288
165454
166238
16738
168451
169374
170437
171184
172455Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSRs products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size:
Quantity Ordered
From To Price per Roll
160 $215
61120 $195
121240 $175
241 and up $155
Click on the datafile logo to reference the data.
(a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders.
$
(b) Use the COUNTIF function to determine the number of orders in each price bin.
From To Price per Roll Number of Orders
160 $215
18
61120 $195
22
121240 $175

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Best Practices

Authors: Steven M. Bragg

3rd Edition

0471444286, 978-0471444282

More Books

Students also viewed these Accounting questions

Question

Am I surfing to avoid a more difficult or unpleasant t ask?

Answered: 1 week ago

Question

Able to describe variations in rewards practices.

Answered: 1 week ago