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The following data relating to units shipped and total shipping expense have been assembled by Archer Company, a manufacturer of large, custom-built air-conditioning units

The following data relating to units shipped and total shipping expense have been assembled by Archer Company, a manufacturer of large, custom-built air-conditioning units for commercial buildings: Total Units Shipping Month Shipped Expense January 10 $4,150 February 7 2,940 March 5 2,200 April 6 2,570 May 4 1,730 June 11 4,120 July 3 1,560 Required: 1. Estimate a cost formula for shipping expense using the high- low method. Y = +

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