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Choco Co. provides DIY art frames and accessories. Choco Co. does not charge its customers for shipping charges on art frame orders and following is
Choco Co. provides DIY art frames and accessories. Choco Co. does not charge its customers for shipping charges on art frame orders and following is the shipping cost information for the last four months of 2016:
Month | Number of frames sold | Shipping costs |
January | 400 | $10,000 |
February | 500 | $11,000 |
March | 800 | $12,000 |
April | 600 | $11,500 |
Using the high-low method, Choco Co.s total shipping cost can be estimated as following equation.
Total shipping cost = ( ) x number of frames sold) + ( )
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