Question: Answer the following:1. Using high-low method, how much is the variable factory overhead costs if Lungs had 160 machine hours?A. 4,400B. 3,200C. 2,800D. 1,2002. Which

Answer the following:1. Using high-low method, how much is the variable factory overhead costs if Lungs had 160 machine hours?A. 4,400B. 3,200C. 2,800D. 1,2002. Which of the following equations shall be used under least-squares method?A. 12,600 = 3a + 69,300bB. 1,926,000 = 3a + 69,300bC. 1,890,000 = 450a + 69,300bD. 1,926,000 = 450a + 69,300b

Answer the following:1. Using high-low method,
Lungs Company incurred the following factory overhead costs for the second quarter of the year: Machine hours Factory overhead April 150 P4,200 May 120 P3,600 June 180 P4.800

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