Question: nces Required information Exercise 5A-4 (Algo) High-Low Method; Scattergraph Analysis [LOS-10) (The following information applies to the questions displayed below] Archer Company is a

nces Required information Exercise 5A-4 (Algo) High-Low Method; Scattergraph Analysis [LOS-10) (The following information applies to the questions displayed below] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense Month January Units Shipped February March 6 4 April May June July Total Shipping Expense $2,200 $2,788 $2,188 $2,400 $2,700 $3,788 $1,500 Exercise 5A-4 Part 2 (Algo) 2. Using the high-low method, estimate the cost formule for shipping expense Variable shipping expense Fixed shipping expense rune per month

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