Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation between activity and overhead costs. Discussions with the plant supervisor suggest that overhead seems to vary with labor hours, machine hours, or both. The following data were collected from last year's operations Month 1 2 4 5 6 7 8 9 10 11 12 Labor Hours 3,625 3,575 3,400 3,700 3,900 3,775 3,700 3,625 2,550 3,975 3,375 3,550 Machine HOURS 6,775 7,035 7,600 7,265 7,955 7,895 6,950 6,530 7,270 7,725 6,490 8,020 overhead costs $513,435 518,960 549,575 541,480 581,145 572,320 535, 110 510,470 532,195 565,335 503,775 564,210 Required: Prepare a scattergraph based on the overhead and machine-hour data 1. Click on a point to the right of the graph. 2. Click within the graph to place the point. 3. Enter the exact coordinates in the dialog box that appears to the right of the graph. 4. Click Save 5. To change coordinates already saved, click on a point already placed in the graph, and enter revised coordinates in the dialog box that opens Methods of Estimating Costs-Scattergraph Adriana Corporation Tools Month 1 582500 577000 571500 566000 560500 565000 999500 $.4000 508500 933000 527500 522000 516500 511000 505500 500000 Month 2 Month 3 6306 9500709908109308500