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E10-25 (similar to) = Question Help Salter 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 Salter 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: E (Click the icon to view the cost and other data) Read the requirements. Mixed The cost neither remains constant in total nor remains constant per unit. Maintenance Fixed Although the cost driver varies from month to month, the total cost remains constant. Health insurance Variable The cost per unit remains constant each month. Shipping costs Requirement 2. Using the high-low method, determine the cost function for each cost. Begin by selecting the general formula that represents the linear cost function for each cost. Maintenance y = a + bX Health insurance y = bx Shipping costs Now determine the cost function for each cost. (Enter all values in the same format as the general linear formula. If a box is not used in the equation, leave the box empty; do not enter a zero or select a label.) Cost function per machine hour Maintenance Health insurance y = per unit shipped Shipping costs Choose from any list or enter any number in the input fields and then click Check Answer. (? Data Table Maintenance Machine Health Number of Shipping Units Shipped Month Costs Hours Insurance Employees Costs 4,510 January 160 8,630 66 23,463 7,110 February 4,430 115 8,630 79 27,291 8,270 4,680 8,630 March 234 86 26,268 7,960 April 2$ 4,865 304 8,630 103 21,120 6,400 May 5,130 463 8,630 81 19,437 5,890 June 4,774 275 8,630 90 30,558 9,260 July 4,947 344 8,630 88 28,776 8,720 August 4,917 355 8,630 93 27,654 8,380 6,790 September 5,077 423 8,630 93 22,407 7,170 October 5,215 474 8,630 103 23,661 5,560 November 5,230 515 8,630 98 18,348 December 4,725 277 8,630 90 31,977 9,690 Done Print %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24

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