Month		Sales Orders	Order-Processing Costs
1		3,000	$ 82,700
2		1,500	50,375
3		4,400	120,700
4		2,800	81,900
5		2,300	69,775
6		1,200	43,100
7		2,000	62,500

(a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs.

14,000+$24.25X

Need Help with B

b.) Plot the data on a scatter diagram. Using the information from representative high-and low-volume months, develop a cost estimating equation for monthly order-processing costs. If needed, an Excel worksheet is provided in the following link in order to create the scatter diagram:

$ Blank + $Blank X