All of the following are steps for using the scattergraph method except:
A)estimating the total fixed costs.
B)visually fitting a line to the data points,with at least one data point touching the line.
C)identifying the high and low activity data points.
D)plotting the data points for each period on a graph.
E)None of the answer choices is correct.

Question

Quizplus · Accepted Answer

The scattergraph method involves plotting data points and visually fitting a line, but it does not specifically require identifying high and low activity data points, which is a step in the high-low method, not the scattergraph method.

All of the Following Are Steps for Using the Scattergraph