EB9. LO 2.3 The cost data for BC Billing Solutions for the year 2020 is as follows: Invoices Overtime Month Processed Wages $7,760 6,800 6,000 6,100 6,200 7,300 7,400 6,900 6,500 6,600 6,800 7,450 January February March April May June July August September October 12,000 8,000 1,000 7,000 5,000 10,000 11,000 9,000 5,000 9,000 8,000 11,000 November December A. Using the high-low method, express the company's overtime wages as an equation where x represents number of invoices processed. Assume BC has monthly fixed costs of $3,800. B. Predict the overtime wages if 9,000 invoices are processed. C. Predict the overtime wages if 6,500 invoices are processed. D. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices

EB9. LO 2.3 The cost data for BC Billing Solutions for the year 2020 is as follows: Invoices Overtime Month Processed Wages $7,760 6,800 6,000 6,100 6,200 7,300 7,400 6,900 6,500 6,600 6,800 7,450 January February March April May June July August September October 12,000 8,000 1,000 7,000 5,000 10,000 11,000 9,000 5,000 9,000 8,000 11,000 November December A. Using the high-low method, express the company's overtime wages as an equation where x represents number of invoices processed. Assume BC has monthly fixed costs of $3,800. B. Predict the overtime wages if 9,000 invoices are processed. C. Predict the overtime wages if 6,500 invoices are processed. D. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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