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Required information [The following information applies to the questions displayed below.] Phillips Company manufactures air-conditioning units for commercial buildings and has noticed considerable variation in

image text in transcribedimage text in transcribed Required information [The following information applies to the questions displayed below.] Phillips Company manufactures air-conditioning units for commercial buildings and has noticed considerable variation in shipping expenses from month to month as per the data below: 4. What is the cost formula for shipping expenses? 5. If seven air conditioners are shipped in August, estimate the total shipping expenses

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