BRIEF EXERCISE 6-3 Applying the Scattergraph Method [LO2 - CC10] Oki Products, Ltd. has observed the following processing costs at various levels of activity over the past 10 month Processing Month Produced Cost 1 $28,000 Units 2,500 2 11,000 52,000 3 15,000 59,000 4 5,500 38,000 5 9,000 47,000 6 8,500 52,000 7 7.500 44.000 8 7,000 41,000 9 11,500 52.000 10 6,000 41,000 Required: 1. Prepare a scattergraph by plotting these data on a graph. Plot cost on the vertical axis and units produced at the horizontal axis. Fit a line to your plotted points by visual inspection. 2. What is the approximate monthly fixed cost? The approximate variable cost per unit processed? Show you computations