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QUESTION 8 FitEase Jump Ropes used 60 months of historical data to arrive at a total cost estimating equation for its Skipper Plus product. This

QUESTION 8 FitEase Jump Ropes used 60 months of historical data to arrive at a total cost estimating equation for its Skipper Plus product. This equation is: Total Cost = $4347 + $125 x # of batches + $4.50 x # of ropes sold. For December FitEase plans to sell 5850 ropes which will be manufactured in 12 batches. Based on the cost equation and FitEase's December estimates what is the expected total cost of the Skipper Plus production? Round your solution to the nearest $1.00

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