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Problem 2 Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The
Problem 2 Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's 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 1 51 101 201 To Price per Roll 50 $215 100 $195 200 And up $175 $155 The file RSR contains 172 orders that have arrived for the coming six weeks. Copy and Paste the data from the RSR.xlsx workbook into your workbook, and use that information to answer the following questions. 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.
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