Required information [The following information applies to the questions displayed below) Archer Company is a wholesaler of custom built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped Month January February March April May June July Total Shipping Expense $ 1,800 $ 2,300 $ 1,700 $ 2,000 $ 2,300 $ 2,700 $ 1,200 2. Using the high-low method, estimate the cost formula for shipping expense Variable shipping expense Faced shipping expense per month Required information The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense. Units Month Shipped January February March April May June July Total Shipping Expense $ 1,800 $ 2,300 $ 1,700 $ 2,000 $ 2,300 $ 2,700 $1,200 4. What factors, other than the number of units shipped, are likely to affect the company's shipping expense? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded os incorrect.) Weight of the units shipped January February March April May June July 1,000 $ 2,300 $ 1,700 $ 2,000 $ 2,300 $ 2,700 $ 1,200 4. What factors, other than the number of units shipped, are likely to affect the company's shipping expense? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Weight of the units shipped 2 Distance traveled Sales commissions Trade discounts given to repeat customers 2 Express shipping to meet a deadline Required information The following information applies to the questions displayed below) George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks Week Units Total Etching Cost $ 18 UT AWNH 20 16 $120 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week 2a. Using the least squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2b. Express these estimates in the form Y=a+bX Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. (Round your answers to 2 decimal places.) Fixed etching cost per week Variable etching cost per unit For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week 2a Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2b. Express these estimates in the form Y=a+bX Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Express these estimates in the form Y b x (Round your answers to 2 decimal places.)