Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSRs products is fencing used on downhill courses. The fence product comes
Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSRs 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 | To | Price per Roll |
1 | 50 | $215 |
51 | 100 | $195 |
101 | 200 | $175 |
201 | and up | $155 |
Click on the datafile logo to reference the data.
The datafile logo.
(a) | Use the XLOOKUP 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. | ||||||||||||||||||||||||
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started