Question: Scatter graph method LO Using the data inP4-2 and a piece of graph paper: I. Plot the data points on the graph and draw a
Scatter graph method LO Using the data inP4-2 and a piece of graph paper:
I. Plot the data points on the graph and draw a line by visual inspection, indicating the trend shown by the data points.
2. Determine the variable cost per unit and the total fixed cost from the information on the graph.
3. Determine the cost to be charged to the product for the year.
4. Determine the cost to be charged to factory overhead for the year.
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