Willis Cosmetics produces a variety of cosmetics and hair care products. One popular shampoo is produced at the company's Genoa Street Plant (GSP). The financial staff are in the process of revising the estimates for overhead and looking at different approaches. After much discussion, the staff selected direct labor costs as the best cost driver to explain overhead cost. The staff have collected monthly data on direct labor and overhead costs at GSP for the most recent fiscal year. The data follow: Required: a. Estimate the monthly fixed costs and the unit variable cost percentage of direct labor cost using the high-low estimation method. Note: Enter negative values with a minus sign. b. Draw a scattergraph relating overhead costs to the direct labor costs. Instructions: 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. Willis Cosmetics Genoa Street Plant Overhead Costs (in dollars) (i)