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The following Information applies to the questions displayed below.] Davis Stores sells clothing In 15 stores located around the southwestern United States. The managers at
The following Information applies to the questions displayed below.] Davis Stores sells clothing In 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are Interested In estimating costs In potential new locations. They belleve that costs are driven In large part by store volume measured by revenue. The following data were collected from last year's operations (revenues and costs In thousands of dollars) Store Revenues Costs $4,230 2,357 5,933 4,242 3,109 4,283 7,024 1,974 6,066 3,618 4146 5,015 3,682 5,337 2,774 101 102 103 104 105 106 107 108 109 110 $4,409 3154 5,376 4,323 4,066 3,774 5,224 3,024 5,208 3,349 4,504 3,460 2,946 4,915 3,181 112 113 114. 115
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