The tolowing data relating to units shipped and total shipping expense have been assembled by Archer Company, a wholesaler of large, custom-built air-conditloning units for commercial buildings Total Units Month Shipped January Februay March Apri May June July 1,900 $2.400 1,800 $2,100 $2.400 $3,400 $1,300 Required: 1a. Prepare a scatter graph using the data given above. (Plot cost on the vertical axis and activity on the horizontal axis.) Instructions: 1. On the graph below, use the point tool jan) to plot the shipping expense for the month of January. 2. Repeat the same process for the plotter tools (feb, mar, apr, may, june, July). 3. To enter exact coordinates, click on the point and enter the values of x and y 4. To remove a point from the graph, click on the point and select delete option 4500 4000 500- 2500 2000 may 000- Units Shipped 1b. Is there an approximately linear relationship between shipping expense and the number of units shipped? O No O Yes 2. Using the high-low method, estimate the cost formula for shipping expense. Units Shipping Expense Shipped High activity level Low activity level Change per unit Variable cost element Fixed cost 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 answers and double click the box with the question mark to ampty the box for a wrong answers.) 2 Trade discounts given to repeat customers Datarce raveled weight of the units shipped Express shipping to meet a deadline Sales