Presented below are the factory overhead costs for Wagner Co. for the last six months of the
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Question:
Presented below are the factory overhead costs for Wagner Co. for the last six months of the year. Wagner Co. uses the high-low method.
Month | Overhead Cost | Units |
July | $24,450 | 8,200 |
August | $20,120 | 6,400 |
September | $32,400 | 10,600 |
October | $44,200 | 15,000 |
November | $29,000 | 9,600 |
December | $36,680 | 13,200 |
State the estimated overhead cost model for Wagner Co.
Use the above model to determine the estimated overhead cost at an operating level of 10,000 units.
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
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