warehouse rental payments are variable with the number of parts purchased and stored. The account balances for the past six months as well as the six-month total are as follows: Required: Average workers' salaries Average temp agency payment Average warehouse rental Average electricity Average depreciation Calculate the average monthly amount for each of the three drivers. When required, round your answers to the nearest whole number. Average machine hours Average number of orders Average number of parts Express the results in the form of an equation for total cost. Monthly cost =$+$ (orders) +$ (parts) + (machine hours) 4. What if Darnell buys a new machine in July for $30,000 ? The machine is expected to last 10 years and will have no salvage value at the end of that time. What part of the cost equation will be affected? How will this part of the cost equation be affected? What is the new expected cost in July? When required, round your answer to the nearest dollar. 5. Students are asked to form a prediction or estimation of various costs based on the cost function they created using the method. Thus, their resulting estimates of various costs represent an example of data analytics as they provide useful inputs regarding what will happen financially if the decisions involving the associated costs are implemented