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Premier Landscapes offers commercial landscaping services and is planning to revise its pricing strategy. Data Available: Spring: Total Costs: $150,000, Number of Projects: 50 Fall:
- Premier Landscapes offers commercial landscaping services and is planning to revise its pricing strategy.
- Data Available:
- Spring: Total Costs: $150,000, Number of Projects: 50
- Fall: Total Costs: $270,000, Number of Projects: 90
- Instructions:
- Determine the variable cost per project and total fixed costs using the High-Low Method.
- Write a cost equation.
- Calculate the expected total costs for undertaking 100 projects.
- Discuss how cost behavior affects pricing decisions for seasonal fluctuations.
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