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Chapa Company reports the following data regarding its shipping costs during the first six months of 2022. Month #Shipments Total Costs Jan. 510 $11,700

Chapa Company reports the following data regarding its shipping costs during the first six months of 2022. Month #Shipments Total Costs Jan. 510 $11,700 Feb. 490 $11,500 Mar. 475 $11,250 Apr. 520 $11,800 May 525 $11,900 Jun. 540 $12,000 The company uses the high-low method to estimate the Y = a + bx cost equation for its shipping costs.

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