Identify the high and low points. Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to 0 decimal places, e.g. 5,275.) VariablecostFixedcost=$=$perlaborhour Angie has booked 4,200 labor hours for the coming month. How much overhead should she expect to incur? Total cost =$ eTextbook and Media Attempts: 0 of 3 used c). If Angie books one more catering job for the month, requiring 350 labor hours, how much additional overhead should she expect to incur? Additional overhead =$ Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year