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Cool-tt Company is a wholesaler of custom-built air conditioning units for commercial buildings. The data below show the number of inits shipped and the totol

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Cool-tt Company is a wholesaler of custom-built air conditioning units for commercial buildings. The data below show the number of inits shipped and the totol shipping expenses for the past eight months. Required: Required: 1. Using the high-low method, estimate the fixed shipping expenses per month and the variable cost of shipping eoch unit. 2. Express the fixed and variable components of total monthly shipping expenses as a cost formula

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