Question: please give me answer with a diagram and it should be in parts Question 1 ABC company incurred the following maintainance costs during the past

please give me answer with a diagram and it should be in parts

Question 1 ABC company incurred the following maintainance costs during the past 6 months Table 1 Months 1 2 3 4 5 6 7 8 9 Machine hours 2200 1000 1200 1600 1300 1900 2000 2300 500 Cost 8560 4200 5920 6280 4020 7020 8400 9500 2000 REQUIRED Question 1 1. Use a scatter graph and the two points that seem to best represent the relationship between cost and activity levels of 1000 and 2000 machine hours. Use these two points, estimate the variable cost and the fixed cost ( components of maintenance costs] 2. Develop a cost function that the company can use to estimate maintenance cost at different volume levels 3. Estimate maintenance costs for July if the company expects to use 2800 machine hours

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