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Fiske Corporation manufactures a populat regional brand of kitchen utensils. The design and vatiety has been fairly constant over the last three years. The managers

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Fiske Corporation manufactures a populat regional brand of kitchen utensils. The design and vatiety has been fairly constant over the last three years. The managers at Fiske are planning for some changes in the product line next year, but first they want to understand better the relation between activity and factory costs as experienced with the current products. 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 three year's operations: Required: Prepare a scattergraph besed on the factory cost and machine-hour data. Note: 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. Enter your plotting points in thousands. Round your x axis to 1 decimal place and y axis to the nearest ten (i.e., 15,484 labor-hours and $3,425,836 factory costs would be entered as 15.5 and 3430 ). 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

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