Use the data to answer the following.

$($Use cells A$4$ to C$26$ from the given information, as well as A$35$ to C$44,$ and A$51$ to C$64$ to complete this question. All

answers should be input and displayed as positive values.$)$

Using the high$-$low method, determine a cost formula for shipping costs.

Prepare a contribution margin income statement for Quarter $1$ of $2024.$

Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.

Nothing in this area will be graded, but it will be submitted with your assignment.