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I am struggle with graphing the scattergraph based on the overheadand labour-hour data Adriana Corporation manufactures football equipment. In planning for next year, the managers
I am struggle with graphing the scattergraph based on the overheadand labour-hour data
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 4 5 6 7 8 9 10 11 12 HNMtino Labor-Hours 3,625 3,575 3,400 3,700 3,900 3,775 3,700 3,625 3,550 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 $513,435 518,960 549,575 541,400 581,145 572,320 535, 110 510,470 532,195 565,335 503,775 564,210 Required: Prepare a scattergraph based on the overhead and labor-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 582500 577000 571500 566000 560500 565000 Month 1 Month 2Step by Step Solution
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