This scatter diagram reflects past maintenance hours and their corresponding maintenance costs. 1. Draw an estimated line
Question:
This scatter diagram reflects past maintenance hours and their corresponding maintenance costs.
1. Draw an estimated line of cost behavior.
2. Estimate the fixed and variable components of maintenancecosts.
Transcribed Image Text:
$12,000 10,000 O 8,000 6,000 4,000 2,000 0 0o 0 1,000 2,000 3,000 4,000 5,000 Maintenance Hours
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