use the following information about sales and costs to prepare a scatter diagram dra 648533

1. Orlando Company management predicts that it will incur fixed costs of $250,000 and earn pretax income of $350,000 in the next period. Its expected contribution margin ratio is 60%. Use this information to compute the amounts of (1) total dollar sales and (2) total variable costs.

2. Use the following information about sales and costs to prepare a scatter diagram. Draw a cost line that reflects the behavior displayed by this cost. Determine whether the cost is variable, step wise, fixed, mixed, or curvilinear.