Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense:

Required information Exercise 5A-4 High-Low Method; Scattergraph Analysis (LO5-10] [The following information applies to the questions displayed below.) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped + Month January February March Total Shipping Expense $ 2,300 $ 2,800 $ 2,200 $ 2,500 $ 2,800 $ 4,500 $ 1,700 April 0 0 May June July Exercise 5A-4 Part 2 2. Using the high-low method, estimate the cost formula for shipping expense. Variable shipping expense Fixed shipping expense per unit per month