Question
Month Pints of Applesauce Produced Energy Cost January ...................35, 000 ................... $23,400 February ...................21,000 ................... 22,100 March ................... 22,000 ................... 22,000 April ................... 24,000 ...................
Month Pints of Applesauce Produced Energy Cost
January ...................35, 000 ................... $23,400
February ...................21,000 ................... 22,100
March ................... 22,000 ................... 22,000
April ................... 24,000 ................... 22,450
May ................... 30,000 ................... 22,900
June ...................32,000 ................... 23,350
July ................... 40,000 ................... 28,000
August ...................30,000 ...................22,800
September ...............30,000 ...................23,000
October ...................28,000 ...................22,700
November ...................41,000 ...................24,100
December ...................39,000 ...................24,950
- Draw a scatter diagram and graph the company's energy cost behavior using the visual-fit method.
- Predict the energy cost for a month in which 26,000 pints of applesauce are produced.
- What peculiarity is apparent from the scatter diagram? What should the cost analyst do?
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Financial Accounting Reporting, Analysis And Decision Making
Authors: Shirley Carlon
6th Edition
0730363279, 9780730363279
