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The following is data for the number of purchase orders and warehouse costs for one year. These data predict the cost for receiving purchased materials
The following is data for the number of purchase orders and warehouse costs for one year. These data predict the cost for receiving purchased materials in a warehouse. O y=$12.29(x)+$7,106 O y=$16.32(x)+$7,106 O y=$16.32(x)+$4,028 Month O y=$16.32(x)+$30,028 O y=$12.29(x)+$30,028 1 2 3 4 56 7 89 10 nm 11 12 Purchase and Warehouse Data Purchase Orders Warehouse Cost 1,423 2,456 1,044 2,323 1,975 1,290 1,238 2,110 1,557 2,780 1,943 2,855 $25,693 $36,455 $21,070 $35,090 $20,596 $25,696 $25,400 Question A: Part 1 Using the high-low method, what is the cost formula using the data above for the receiving function? $29,562 $38,956 $40,125 $31,000 $50,632
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