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Presented Below Are the Production Data for the First Six

question 54

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Presented below are the production data for the first six months of the year for the mixed costs incurred by Crew Industries.
 Month  Cost  Units  January $4,0763,050 February 4,0123,000 March 5,5604,270 April 7,8406,500 May 5,1003,700 June 6,7805,600\begin{array} { l r r } \text { Month } & \text { Cost } & \text { Units } \\\text { January } & \$ 4,076 & 3,050 \\\text { February } & 4,012 & 3,000 \\\text { March } & 5,560 & 4,270 \\\text { April } & 7,840 & 6,500 \\\text { May } & 5,100 & 3,700 \\\text { June } & 6,780 & 5,600\end{array}
Crew Industries uses the high-low method to analyze mixed costs.
(1)How would the cost function be stated? (Round results to the nearest cent. )
(2)What is the estimated total cost at an operating level of 5,000 units?

List and explain the utilities offered by retailers.
Understand the economic and consumer value provided by retailing.
Analyze the retailing mix and its strategic application.
Understand the concept and structure of marketing channels.

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