Use the following information about sales and costs to prepare a scatter diagram. Draw a cost line

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Use the following information about sales and costs to prepare a scatter diagram. Draw a cost line that reflects the behavior displayed by this cost. Determine whether the cost is variable, step-wise, fixed, mixed, orcurvilinear.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 05:46 AM

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Use the following information about sales and costs to prepare a scatter diagram. Draw a cost line

Question:

Sales Costs Sales Costs 9 .$1,160 780 480 460 12.440 ,100 13 . 560 520 820 760 520 600 1.120 640 400 800 960 480 800 780 6 . 1,240 100 7 . ._ ..1.360 ,180 860 880 1,080

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