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Scatter graph – Forecasting Methods

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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July 12, 2021 at 9:53 pm #627554
ahmedsameerkhan
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Prepare a scatter graph of the following cost and volume data and determine the total budgeted cost at the volume of production of 6,900 units in month 5.
Month Production Cost Production Volume
——— ———————- ————————–
1 $110,000 7,000 units
2 $115,000 8,000 units
3 $111,000 7,700 units
4 $97,000 6,000 units
July 13, 2021 at 8:52 am #627591
John Moffat
Keymaster
- Topics: 57
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You cannot be asked to produce any graphs or charts in the Paper MA exam.
(And why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and explanations.)
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