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Category > Accounting Posted 09 Jun 2017 My Price 5.00

A company reports the following information about its sales and its cost of sales

 

A company reports the following information about its sales and its cost of sales. Each unit of its product sells for $500. Use these data to prepare a scatter diagram. Draw an estimated line of cost behavior and determine whether the cost appears to be variable, fixed, or mixed.

Period

Sales

Cost of Sales

Period

Sales

Cost of Sales

1

$15,000

$10,100

4

7,500

5,500

2

11,500

7,500

5

9,000

6,000

3

10,500

7,000

6

12,500

9,500
 
 

Answers

Alpha Geek
(8)
Status NEW Posted 09 Jun 2017 06:06 AM My Price 5.00

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Attachments

file 1496990635-648529_1_636325215705999423_scatter-graph.xlsx preview (7 words )
Pe-----------rio-----------dSa-----------les-----------Cos-----------t o-----------f S-----------ale-----------sCo-----------st -----------as -----------% o-----------f s-----------ale-----------s -----------
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