Refer to the Holly Thompson company information in Exercise 3-14. Required: Prepare a scattergraph based on Holly's

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Refer to the Holly Thompson company information in Exercise 3-14.
Total Cost (S) Month Tanning Appointments 700 1,758 2,140 2,790 2,400 1,800 2,275 2,200 2,640 January February March 2,0

Required:
Prepare a scattergraph based on Holly's data. Use cost for the vertical axis and number of tanning appointments for the horizontal. Based on an examination of the scattergraph, does there appear to be a linear relationship between the cost of tanning services and the number of appointments?

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Cornerstones of Managerial Accounting

ISBN: 978-0176530884

2nd Canadian edition

Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman

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