Company uses the$$ high$-$low method to predict its total overhead costs. Past records show that total overhead cost was $ $25$ comma $900$ for $810$ labour hours worked and $ $27$ comma $200$ for $910$ for labour hours worked. If Best Tile Company plans to work $835$ labour hours next$$ month, what is the expected total overhead$$ cost$?$

Question content area bottom

Part $1$

Use the$$ high$-$low method to determine the variable and fixed costs components of Best Tile $$Company$\text{'}$s operating cost equation.

$$First$,$ identify the formula and calculate the variable cost component$($slope$).$

Part $2$

$/$

$=$

Variable cost per hour

$/$

$=$

Part $3$

$$Next$,$ identify the formula and compute the fixed cost component$($the vertical$$ intercept$)$ using the costs for the highest level of activity. $($Round your answers to the nearest whole$$ dollar.$)$

Part $4$

$$

$=$

Total fixed costs

$$

$=$

Part $5$

Complete Best Tile $$Company$\text{'}$s operating cost equation. $($Round the variable cost to the nearest cent and the fixed cost to the nearest whole$$ dollar.$)$

y$=$$

$$

enter your response herex $+$$

$$

enter your response here

Part $6$

If Best Tile Company plans to work $835$ 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 Best Tile Company works $835$ labour hours is $$$

$$

enter your response here