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

Question:

Refer to the Holly Thompson company information in Exercise 3-14.


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?


Exercise 3-14

Month Tanning Appointments Total Cost (S) January February March 1,400 3,516 4,000 4,280 6,200 5,580 April May 4,800 3,600 5,000 3,000 June 4,600 4,550 July August 2,300 4,400 6,000 5,280

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Related Book For  answer-question

Cornerstones of Managerial Accounting

ISBN: 978-0176721237

3rd Canadian edition

Authors: Maryanne Mowen, Don Hanson, Dan Heitger, David McConomy, Bradley Witt, Jeffrey Pittman

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