Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quant discounts. The following table shows the price per roll depending on order size: Quantity Ordered To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. DATA file From 1 51 101 201 (a) Use the VLOOKUP 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. From Price per Roll 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172

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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's 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
To
Price per Roll
50
$215
100
$195
200
$175
and up
$155
Click on the datafile logo to reference the data.
From
1
51
101
201
DATA file
(a) Use the VLOOKUP 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.
Price per Roll
From
1
51
101
201
To
50
100
200
and up
$215
$195
$175
$155
Number of
Orders
172
Transcribed Image Text:Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's 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 To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. From 1 51 101 201 DATA file (a) Use the VLOOKUP 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. Price per Roll From 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172
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