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Check my work mode: This shows what is correct or incorrect for the work you Return to question The following selected data were taken from the accounting records of Metcalf Manufacturing. The company uses direct-labor hours as its cost driver for overhead costs. Direct-Labor Manufacturing Month Hours Overhead January 34,000 $698,000 February 36,000 737,000 March 46,000 896,000 April 37,000 753,500 41,000 39,000 801,000 798,000 May June March's costs consisted of machine supplies ($248,400), depreciation ($31,000), and plant maintenance ($616,600). These costs exhibit the following respective behavior: variable, fixed, and semivariable. The manufacturing overhead figures presented in the preceding table do not include Metcalf's supervisory labor cost, which is step fixed in nature. For volume levels of less than 15,000 hours, supervisory labor amounts to $76,000. The cost is $152,000 from 15,000- 29,999 hours and $228,000 when activity reaches 30,000 hours or more. Required: 1 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Anewar is romniate hut not entirely correct turn to question Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. (Round your "Variable cost per hour" answer to 2 decimal places.) Variable cost per hour $ 16.50 Fixed cost per month $ 137,000 Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Manufacturing overhead cost $ 816,240 Check my work mode: This shows what is correct or incorrect for the work you Return to question The following selected data were taken from the accounting records of Metcalf Manufacturing. The company uses direct-labor hours as its cost driver for overhead costs. Direct-Labor Manufacturing Month Hours Overhead January 34,000 $698,000 February 36,000 737,000 March 46,000 896,000 April 37,000 753,500 41,000 39,000 801,000 798,000 May June March's costs consisted of machine supplies ($248,400), depreciation ($31,000), and plant maintenance ($616,600). These costs exhibit the following respective behavior: variable, fixed, and semivariable. The manufacturing overhead figures presented in the preceding table do not include Metcalf's supervisory labor cost, which is step fixed in nature. For volume levels of less than 15,000 hours, supervisory labor amounts to $76,000. The cost is $152,000 from 15,000- 29,999 hours and $228,000 when activity reaches 30,000 hours or more. Required: 1 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Anewar is romniate hut not entirely correct turn to question Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. (Round your "Variable cost per hour" answer to 2 decimal places.) Variable cost per hour $ 16.50 Fixed cost per month $ 137,000 Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,600 direct-labor hours are worked. Manufacturing overhead cost $ 816,240