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High-Low Method Wyoming Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports for the first
High-Low Method Wyoming Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports for the first seven weeks of the year. Number of Shipments Received Weekly Cost of Receiving Reports 300 264 240 210 318 348 360 $1,050 972 924 852 1,110 1,200 1.212 a Using the high-low method, develop the equation for predicting weekly receiving report costs based on the number of shipments received. y = 0 $0 x b. What is the predicted amount of receiving report costs for a week in which 432 shipments are received? Note: Round to the nearest whole dollar, Budgeted cost of reports s Check
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