Pup Noir, a private investigation firm, investigated 90 cases in December and had the following costs: direct

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Pup Noir, a private investigation firm, investigated 90 cases in December and had the following costs: direct labor, $190 per case; and service overhead of $20,840. Service overhead for October was $21,150; for November, it was $21,350. The number of cases investigated during October and November was 92 and 95, respectively. Compute the variable and fixed cost components of service overhead using the high-low method. Then determine the variable and fixed costs per case for December. (Round final answers to the nearest dollar where necessary.)

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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