Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
New Topic  
billafin billafin
wrote...
Posts: 109
Rep: 0 0
A year ago
Dana owns her own real estate agency. She has been working hard to increase her client base. She offers the most comprehensive advertising campaign in the city and it has been paying off by the steady increase in the number of listings over the last several months. However, Dana is concerned that her extensive cost for advertising is eating into her profits. It is difficult to determine how much she spends on advertising for each listing because some of her advertising sources are fixed amounts each month and others are more variable in nature. She would like to analyze the following information to determine how her advertising costs behave based on the number of listings.


Number of Advertising
MonthListingsCost
March22$15,280
April2617,640
May3523,145
June4227,205
July4830,565
August5132,485
September5031,835
October5636,020
November5434,920

If Dana believes she will have 52 listings in December, what is her expected cost for advertising?

▸ $34,310

▸ $35,470

▸ $33,378

▸ $33,580
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 29 times
1 Reply
Replies
Answer verified by a subject expert
flash33101flash33101
wrote...
Posts: 133
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

billafin Author
wrote...

A year ago
Correct Slight Smile TY
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  854 People Browsing
 125 Signed Up Today
Related Images
  
 127
  
 2756
  
 2523
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352