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cyberk cyberk
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A year ago
On a scattergraph, once the individual points have been plotted,

▸ count the points and divide by variable cost per unit.

▸ draw a line through the points to estimate the cost relationship.

▸ enter the information into a statistical calculator to calculate the total cost.

▸ multiply the high point by the variable cost per unit to calculate the total cost.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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rbacon2rbacon2
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A year ago
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