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Estimate the behaviour of shipping expenses

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Reference no: EM132521563

Phillips Company manufactures air-conditioning units for commercial buildings and has noticed considerable variation in shipping expenses from month to month as per the data below:

Units  Total  Shipping Month  Shipped Expense

January 4                               $2,240

February 4                               $3,140

March 5                                    $2,650

April  2                                      $1,296

May  3                                        $2,220

June 6                                        $3,060

July 8                                          $4,416

Question1: Which two months should be used if Phillips wants to estimate the behaviour of shipping expenses using the high-low method?

 

Reference no: EM132521563

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