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Can someone give correct answers? Scatter Diagrams and High-Low Cost Estimation From April through October 31, Coles County Highway Department hires temporary employees to mow
Can someone give correct answers? Scatter Diagrams and High-Low Cost Estimation From April through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Hodd Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current year operations Miles Moved Labor Month and Cleaned Costs (April 350 000 May 300 000 10 10.400 250 000 ALDUS 375 10.000 September 200 200 October 1006200 June Use the information from the high and low volume months to develop a cost estimating equation for monthly labor costs Monthly labore 2800 14 Plot the data on a scatter cagam. Using the information from representative high and low volume months, use the how method to develop a cost estimating equation for monthly labor costs Monthly toots 3,000 X OXX Adjust the equation developed in requirement (b) to incorporate the effect of an anticipated 5 percent increase in wagen Month later cock - 3 2300 333 AM
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