Question: Refer to the laboratory overhead cost and activity data for CenterHealth Center in E6- 30A. Use the high- low method to determine the laboratorys cost
Refer to the laboratory overhead cost and activity data for CenterHealth Center in E6- 30A. Use the high- low method to determine the laboratorys cost equation for total laboratory overhead. Use your results to predict total laboratory overhead if 2,800 lab tests are performed next month.
In E6-30A
.png)
Number of Lab Tests Total Laboratory Month January Fobruary March April May June July Performed 2,700 2,500 3,500 4,000 4,600 2,000 2,250 Overhead Costs $22,900 $23,500 $29,800 $32,500 31,100 $22,000 19,100
Step by Step Solution
3.50 Rating (160 Votes )
There are 3 Steps involved in it
Req 1 Cost Activity Variable cost High pt 31100 4600 April Low pt 22000 2000 June Di... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
322-B-M-A-C-B (881).docx
120 KBs Word File
