The data below have been taken from the cost records of the Atlanta Processing Company. The data relate to the cost of operating one of the company€™s processing facilities at various levels of activity:

Required:
1. Prepare a scattergraph using the above data. Plot cost on the vertical axis and activity on the horizontal axis. Fit a line to your plotted points using a ruler.
2. Using the quick-and-dirty method, what is the approximate monthly fixed cost? The approximate variable cost per unit processed? Show yourcomputations.

Units Total Processed Cost Month January February. March.. Apri May June.. July. August.. 8,000 $14,000 4,500 $10,000 7,000 $12,500 9,000 $15,500 3,750 $10,000 6,000 $12.500 s8,500 5,000 $11,500 3,000