Grindgood Company operates a chain of cozy coffee shops. The company's chief executive officer is interested in accumulating some information on the overhead costs incurred by the company. You have been asked to analyze the following six months worth of data.
$\begin{array}{|l|c|c|}
\hline& \text { Overhead } & \text { No. of } \
\hline \text { Month } & \text { cost } & \text { Labor Hours } \
\hline \text { April } & \$ 60,160 & 867\\hline \text { May } & 56,500 & 624 \
\hline \text { June } & 58,900 & 689 \
\hline \text { July } & 63,500 & 974 \
\hline \text { August } & 59,325 & 730 \
\hline \text { September } & 62,400 & 901 \
\hline
\end{array}$ Required:

Question

Grindgood Company operates a chain of cozy coffee shops. The company's chief executive officer is interested in accumulating some information on the overhead costs incurred by the company. You have been asked to analyze the following six months worth of data.
$\begin{array}{|l|c|c|} 
\hline& \text { Overhead } & \text { No. of } \
\hline \text { Month } & \text { cost } & \text { Labor Hours } \
\hline \text { April } & \$ 60,160 & 867\\hline \text { May } & 56,500 & 624 \
\hline \text { June } & 58,900 & 689 \
\hline \text { July } & 63,500 & 974 \
\hline \text { August } & 59,325 & 730 \
\hline \text { September } & 62,400 & 901 \
\hline
\end{array}$ Required:

Quizplus · Accepted Answer

The Answer of Grindgood Company operates a chain of cozy coffee shops. The company's chief executive officer is interested in accumulating some information on the overhead costs incurred by the company. You have been asked to analyze the following six months worth of data.
$\begin{array}{|l|c|c|} 
\hline& \text { Overhead } & \text { No. of } \
\hline \text { Month } & \text { cost } & \text { Labor Hours } \
\hline \text { April } & \$ 60,160 & 867\\hline \text { May } & 56,500 & 624 \
\hline \text { June } & 58,900 & 689 \
\hline \text { July } & 63,500 & 974 \
\hline \text { August } & 59,325 & 730 \
\hline \text { September } & 62,400 & 901 \
\hline
\end{array}$ Required:

Grindgood Company Operates a Chain of Cozy Coffee Shops Required