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 3 4 5 Labor-Hours 4,400 4,300 4,200 4,500 4,700 4,600 4,500 4,400 4,300 4,500 4,100 4,300 Machine Hours 7.500 7,90 8,500 8,090 8,700 8,600 7,700 7,300 8,000 8.600 7,200 8,900 Overhead Costs 5 517,500 522,500 553,000 545,000 565,689 576,000 539,690 514,000 536,000 569,000 507.000 563.000 7 B 9 10 11 12 Required: Prepare a scattergraph based on the overhead and machine-hour data 1. Click ono point to the right of the graph. 2. Click within the graph to place the point. 3. To enter exact coordinates, click on the point and then click on the processing wheel symbol and then enter the exact coordinates in the dialog box that pops up. 4. Click OK Methods of Estimating Costs-Scattergraph Adriana Corporation Month 1 600000- 590000 Month 2 580000 570000 Month 3 580000 Overhead costs 550000 Month 4 540000 5300004 Month 5 520000 5100004 Month 500000+ 7100 7300 7500 7700 7000 8100 8300 8300 0700 89000100 Machine-Hours Month resel