Month Units Produced 2,500 Processing Cost $28,000 52,000 59,000 38,000 47,000 52,000 44,000 41,000 52,000 41,000 11,000 15,000 5,500 9,000 8,500 7,500 7,000 11,500 6,000 4 10 Required Prepare a scattergraph by plotting this data on a graph. Fit a line to your plotted points by visual inspection. Graph paper has been provided on the next page. The graph must be done by hand, Excel attachments will not be accepted. A) B) Based on your scattergraph, determine the cost formula for the processing costs. Show all C) Now use the high-low method to determine the cost formula. Show all required computations, D) Briefly but concisely comment on the following: Explain the key difference in your cost formulas required computations, neatly presented. neatly presented. obtained in Parts B and C, and name a key advantage and a key disadvantage of the Scattergraph Method vis--vis the High-Low Method. Use the space provided on the subsequent pages to put your answer! Month Units Produced 2,500 Processing Cost $28,000 52,000 59,000 38,000 47,000 52,000 44,000 41,000 52,000 41,000 11,000 15,000 5,500 9,000 8,500 7,500 7,000 11,500 6,000 4 10 Required Prepare a scattergraph by plotting this data on a graph. Fit a line to your plotted points by visual inspection. Graph paper has been provided on the next page. The graph must be done by hand, Excel attachments will not be accepted. A) B) Based on your scattergraph, determine the cost formula for the processing costs. Show all C) Now use the high-low method to determine the cost formula. Show all required computations, D) Briefly but concisely comment on the following: Explain the key difference in your cost formulas required computations, neatly presented. neatly presented. obtained in Parts B and C, and name a key advantage and a key disadvantage of the Scattergraph Method vis--vis the High-Low Method. Use the space provided on the subsequent pages to put your