Plot the Following Points: (6, 2), (7, 5), (8, 8)

question 1

Multiple Choice

Plot the following points: (6, 2) , (7, 5) , (8, 8) , (9, 9) . In your scatter diagram, sketch a line that best seems to fit the data. Estimate the slope and the y-intercept of the line.

• A) Estimated slope: 2; Estimated y-intercept: -12.5
• B) Estimated slope: 2.5; Estimated y-intercept: -13
• C) Estimated slope: 2.9; Estimated y-intercept: -15.3
• D) Estimated slope: 1.2; Estimated y-intercept: -1.5
• E) Estimated slope: 2.5; Estimated y-intercept: -16

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Definitions:

Step-down Method

An allocation technique used in accounting to distribute overhead costs among various cost centers.

Personnel Department

A division within a company that manages human resources and employee-related matters.

Number Of Employees

The aggregate number of people employed by a company, encompassing both full-time and part-time employees.

Direct Method

A costing method that assigns service departments' costs directly to production departments without going through multiple allocations.