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Part 3 of 5 Score: 1886.39 of 10 points Points: 1.20 of 3 Stein Corporation wants to find an equation to estimate some of their

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Part 3 of 5 Score: 1886.39 of 10 points Points: 1.20 of 3 Stein Corporation wants to find an equation to estimate some of their monthly operating costs for the operating budget for 2021. The following cont and other cats were gathered for 2000 II (Click the icon to view the cost and other data) Read the requirements Cost Cost function Explanation Maintenance Moced The cost neither remains constant in total nor remains constant per unit Health insurance Fixed Although the cost driver varies from month to month, the total cost remnina constant. Shipping costs Variable The cost per unit remains constant each month. Requirement 2. Using the high-low method, determine the cost function for each cont Begin by selecting the general formula that represents the linear cost function for each cont. Maintenance y=a+bX Health insurance ya Shipping costs Now determine the cost function for each cost. (Enter all values in the same format as the general linear formula. If an input field is not used in the equation, leave the routed empty.com labol.) y-bx per machine hour Cost function Maintenance Health insurance Shipping costs 8610 + ya per unit shipped y- Clear all Data table - Month Maintenance Costs Machine Hours Units Shipped 7,090 January $ 4,470 161 $ 4,430 115 8,270 February March 4,690 238 $ $ April $ 301 7,965 6,480 5,880 $ 463 May June 4,830 5,170 4,725 4,905 $ 284 Health Number of Shipping Insurance Employees Costs $ 8,610 70 $ 27,651 $ 8,610 80 $ 32,253 $ 8,610 92 $ 31,064 $ 8,610 108 $ 25,272 $ 8,610 86 S 22,932 $ 8,610 88 $ 36,075 8,610 99 $ 33,774 8,610 90 $ 32,994 $ 8,610 101 $ 26,442 $ 8,610 106 $ 27,768 $ 8,610 100 $ 21,957 $ 8,610 92 $ 37,323 9,250 60.00 343 $ $ 8,660 8,460 362 GA 4,982 5,025 422 July August September October November $ $ S $ 5,211 470 6,780 7,120 5,630 9,570 5,230 515 $ December 271 4,774

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