Required: 8. Refer to the workbook titled "ExcelAnalytics_JobOrderCosting._PlantwidePredeterminedOverheadRates_Template" Navigate to the "Combo Chart" tab of this workbook. a. According to the chart, which jobs have the lowest and highest labor intensity percentages? b. According to the chart, which of the following statements are true regarding the company's existing cost system (you may select more than one correct answer)? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. The 12 jobs depicted in the combo chart suggest that gross margin and labor intensity percentage tend to have an inverse relationship. The 12 jobs depicted in the combo chart suggest that gross margin and labor intensity percentage tend to move in tandem because they are correlated with one another. The existing cost system is most likely undercosting lobor intensive products. The existing cost system is most likely overcosting labor intensive products: Gross Margin vs. Labor Intensity