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QUESTION 16 The following is six months of data on the cost and production volume to manufacture crates of skittles. In order to better predict
QUESTION 16 The following is six months of data on the cost and production volume to manufacture crates of skittles. In order to better predict costs, the manager is trying to understand the relationship between production volume and cost. Use the hi-lo method to determine the cost equation. Round as needed to the closest penny. (Please report the cost equation in y=mx+b format). Production Volume 265 Total Cost $4,130 320 July August September October November December 745 410 530 740 $4,140 $5,090 $4,620 $4,990 $7,900 QUESTION 17 $125 Below is information on two different companies. Use this information to evaluate the company's riskiness. Which company is less risky? Company A Company B Company C Expected Sales $4,000,000 $3,250,000 $1,200,000 Price Per Unit $20 $75 Units needed to sell to breakeven 190,000 units 9,750 units 10,000 units O Company A O Company B Company C Companies B and Care equally less risky
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