forecast its total overhead cost. The actual machine hours and total
overhead cost are presented below for the past six months. MONTH TOTAL O / H MACHINE HOURS Jan $ 8,258 2,134 Feb 8,006 2,045 Mar 8,387 2,276 Apr 8,832 2,743 May 8,921 2,834 June 7,841 2,034 Using the high-low method, unit variable overhead cost is calculated to be: Student Answer: $ 1.35. $ 1.15 $ 1.40. $ 1.65. $ 1.25.
forecast its total overhead cost. The actual machine hours and total
overhead cost are presented below for the past six months. MONTH TOTAL O / H MACHINE HOURS Jan $ 8,258 2,134 Feb 8,006 2,045 Mar 8,387 2,276 Apr 8,832 2,743 May 8,921 2,834 June 7,841 2,034 Using the high-low method, unit variable overhead cost is calculated to be: Student Answer: $ 1.35. $ 1.15 $ 1.40. $ 1.65. $ 1.25.