Develop a monthly cost formula for coming year
Question: When Jerome Company's monthly costs were $75,000, sales were $80,000; when its monthly costs were $60,000, sales were $50,000. Use the high-low method to develop a monthly cost formula for Jerome's coming year.
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Also identify one initiative or action the company is planning for the coming year that you will believe will affect revenue or expenses.
Effects of Technological Change.Which technological change has had the largest effect on life in this country? Why?
When its monthly costs were $60,000, sales were $50,000. Use the high-low method to develop a monthly cost formula for Jerome's coming year.
What measures can Lutz take to improve her business and persuade customers to return?
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What are some business decisions that managers could make? What tools will they use to make recommendations regarding these business decisions?
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