Problem $5-65($Statlc$)$ High$-$Low Method, Data Vlsuallzation $($LO $5-1,2)$

Fordson Bank operates a branch in a relatively small rural community. Fordson has a strong customer service focus and knows that

branch visits can be important in fostering a reputation for good customer service. Howevec, as internet banking increases in

popularity, the financial staff at Fordson question whether the costs of the branch are worth it$.$

As part of looking at the question, a financial analyst has collected monthly data on the number of customer visits to the branch and

the operating cost of the branch over the last fiscal year. The data follow:

Required:

a$.$ Estimate the monthly fixed costs and the unit variable cost per customer visit using the high$-$low estimation method.

Note: Round varlable cost per unit to $2$ decimal ploces.

Branch cost $=[$$$428,715]+$$$42\mathrm{.}50$ per visit xx Customer visits

b$.$ Draw a scattergraph relating branch costs to the number of customer visits.

Instructions:

Cllck on a point to the right of the graph.

Cllek within the graph to place the polnt.

Enter the exact coordinates In the dlalog box that appears to the right of the graph.

Cllek sove.

To change coordinates already saved, cllck on a point already placed in the graph, and enter revised coordinates in the

dlalog box that opens.

$*$ I specifically need help with part B please.