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W E10-25 (similar to) Data Table Shannon Corporation wants to find an equation to estimate some of their monthly op (Click the icon to view
W E10-25 (similar to) Data Table Shannon Corporation wants to find an equation to estimate some of their monthly op (Click the icon to view the cost and other data) Read the requirements. Maintenance Machine Health Number of Units Month Costs Hours Insurance Cost Employees 6 0 Maintenance $ 8,590 function Mixed Fixed Variable Explan The cost neither remains constant in total nor rer Although the cost driver varies from month to md The cost per unit remains constant each month. January February 158 125 Health insurance 8,590 8,590 Shipping costs March April Requirement 2. Using the high-low method, determine the cost function for each co 8,590 8,590 467 $ Begin by selecting the general formula that represents the linear cost function for ea Shipping Costs $ 19,936 22,904 22,232 18,144 16,268 25,760 24,472 $ 23,520 $ 18,844 18,844 19,908 15,596 $ 27,076 4,540 4,505 4,645 4,870 5,120 4,751 4,944 4,932 5,022 5,282 5,636 4,762 May June July August September Maintenance y = a + bX Shipped 7,120 8,180 7,940 6,480 5,810 9,200 8,740 8,400 6,730 7.110 5,570 9,670 Health insurance y = a y = bx $ $ 8,590 8,590 8,590 8,590 8,590 8,590 8,590 93 100 Shipping costs Now determine the cost function for each cost. (Enter all values in the same format October Cost function November December 5 281 91 Maintenance y = Health insurance y = Shipping costs y = per employee per machine hour Choose from any list or enter any number in the input fi per unit shipped Print Done eck
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