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A company wishes to develop a cost prediction equation for its total shipping expense which is a mixed cost. The accountants believe that these costs

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A company wishes to develop a cost prediction equation for its total shipping expense which is a mixed cost. The accountants believe that these costs are driven by the number of units shipped. The following data was collected from the last seven months: a. Use the high-low method to estimate the cost formula. b. What shipping expense would you predict for 450 units shipped

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