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Question 3 (10 points) Rounding / Entry Rules: Do not enter the $ sign or a , Following the rounding rules provided for each part.
Question 3 (10 points) Rounding / Entry Rules: Do not enter the $ sign or a , Following the rounding rules provided for each part. Question: Blue Mountain shows the following costs for customer representatives. No. of Total Month Reps Costs Jan 265 $31,127 Feb 388 $37,403 Mar 283 $31,212 Apr 265 $30,411 May 386 $35,892 Jun 343 $32,764 Jul 258 $31,600 Aug 251 $30,416 Sep 335 $36,644 Oct 385 $43, 110 Nov 321 $31,557 Dec 375 $44,836 Required: Using the high-low method answer the below noted questions. The variable rate is $. per representative. Round your answer to the nearest penny. Using the rounded variable rate you entered above, the fixed cost per month is $. Round your answer to the closest DOLLAR. The CEO would like to understand the high-low method. From the list provided below, select the characteristic of the high-low method. Enter the LETTER into the space provided. For example, if you choose c), enter only the letter c or C Listing of choices: a) The method uses all data points. b) This method is subjective c) This method excludes outliers automatically. d) This method is not objective. e This method uses two data points only
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