Question: S 6 - 9 Use the high - low method ( Learning Objective 4 ) Brimfield Catering uses the high - low method to predict

S6-9 Use the high-low method (Learning Objective 4)
Brimfield Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,600 when 860 hours were worked and $27,800 when 960 hours were worked. If Brimfield Catering has 885 hours scheduled for next month, what is the expected total overhead cost for next month?
 S6-9 Use the high-low method (Learning Objective 4) Brimfield Catering uses

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!