Question: Bricks and Mortar Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,200 for 870


Bricks and Mortar Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,200 for 870 labour hours worked and $27,600 for 970 for labour hours worked. If Bricks and Mortar Company plans to work 895 labour hours next month, what is the expected total overhead cost? Use the high-low method to determine the variable and fixed costs components of Bricks and Mortar Company's operating cost equation. First, identify the formula and calculate the variable cost component (slope) Variable cost per hour Next, identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity (Round your answers to the nearest whole dollar.) - Total fixed casts Complete Bricks and Mortar Company's operating cost equation. (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) ..... Choose from any list or enter any number in the input fields and then continue to the next question. Bricks and Mortar Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,200 for 870 labour hours worked and $27.600 for 970 for labour hours worked. If Bricks and Mortar Company plans to work 895 labour hours next month, what is the expected total overhead cost? Next, identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity. (Round your answers to the nearest whole dollar.) Total fixed costs Complete Bricks and Mortar Company's operating cost equation (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) y=${x+$0 If Bricks and Mortar Company plans to work 895 labour hours next month, what is the expected total overhead cost? (Round your answer to the nearest whole dollar.) The total monthly operating costs if Bricks and Mortar Company works 895 labour hours is $ Choose from any list or enter any number in the input fields and then continue to the next
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