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E10-25 (similar to) Question Help O Sherman Corporation wants to find an equation to estimate some of their monthly operating costs for the operating budget

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E10-25 (similar to) Question Help O Sherman Corporation wants to find an equation to estimate some of their monthly operating costs for the operating budget for 2018. The following cost and other data were gathered for 2017: (Click the icon to view the cost and other data) Read the requirements. i Data Table Requirement 1. Which of the preceding costs is variable? Fixed? Mixed? Explain. Cost Cost function Explanation Maintenance Costs 4,530 Health Insurance Machine Hours 1 67 Number of Employees Shipping Costs Maintenance Units Shipped Month EA $ 59 $ Health insurance Shipping costs January February March EA 4,440 22,688 26,208 25,376 20,608 7,090 8,190 7,930 6,440 EA A A April EA 302 468 $ $ May EA 5,810 9,240 EA A 4,615 4,875 5,143 4,751 4,921 4,971 5,033 5,245 8,640 8,640 8,640 8,640 8,640 8,640 8,640 8,640 8,640 8,640 8,640 8,640 June July August September October November December EA EA 339 363 429 $ $ $ 18,592 29,568 27,776 27,072 21,728 22,848 18,016 31,040 EA 91 $ 8,680 8,460 6,790 7,140 5,630 9,700 EA A 5,276 o to 4,723 Print Done

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