Question: I am wondering how to do this problem. Please show work 14. High Tech Manufacturing Inc., incurred total indirect manufacturing labor costs of $490,000. The
14. High Tech Manufacturing Inc., incurred total indirect manufacturing labor costs of $490,000. The company is labor intensive. Total labor hours during the period were 4,100. Using qualitative analysis, the manager and the management accountant determine that over the period the indirect manufacturing labor costs are mixed costs with only one cost driver-labor-hours. They separated the total indirect manufacturing labor costs into costs that are fixed ($120,000 based on 8,600 hours of labor) and costs that are variable ($370,000) based on the number of labor- hours used. The company has estimated 7,300 labor hours during the next period. a. What is the linear cost function? b. What will be the variable cost per hour? Variable total costs 370.00o. tu labor hours ! Y IDO C. What will be the total variable cost for the estimated 7,300 hours? d. What will be the total cost for the estimated 7,300 hours? Adha hinh luar mathad to actimate the function The infa
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