Pine Burr Manufacturing - Evaluating Alternative Allocation Bases Pine Burr Manufacturing makes a key component part for street cleaning machines. The business is seasonal with highest sales volume occurring during late summer. The company has been analyzing its overhead accounts to isolate fixed and variable components for planning purposes. The table below shows cost and activity data for the last nine months: # of units produced # of workdays Total Overhead Cost January 120 22 $ 4,006 February 114 20 $ 3,815 march 106 24 $ 4,290 April 80 21 $ 3,638 May 74 25 $ 4,633 June 113 23 $ 4,219 July 81 17 $ 2,929 August 76 15 $ 2,877 September 132 22 $ 3,992 Totals 896 189 $ 34,399 REQUIRED: a. Examine the scattergraphs provided. Comment on what the scattergraphs reveal about: 1) The relationship between # units produced and overhead cost. 2) The relationship between # of workdays and overhead cost. b. Examine the Least Squares Regression results provided. Which of the activities is the better predictor of overhead costs Explain your answer.