Question: Mason Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,000 for 800 labour hours

Mason Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,000 for 800 labour hours worked and $27,500 for 900 labour hours worked. If Mason Company plans to work 825 labour hours next month, what is the expected total overhead cost?

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