Question: this is a 2 part question please answer BOTH A and B The following information is available regarding the total manufacturing overhead of Olsen Company

this is a 2 part question please answer BOTH A and B
this is a 2 part question please answer BOTH A and B
The following information is available regarding the total manufacturing overhead of Olsen

The following information is available regarding the total manufacturing overhead of Olsen Company for a recent four-month period. Machine Mfg Hours Overhead April 90.000 $170.000 May 80.000 S153.000 June 110.000 $198.000 July 95.000 S181.000 Refer to the information above. Olsen's projected August operations will require approximately 120,000 machine hours. Using the high- low method, compute total manufacturing overhead estimated for August O $165,000 $187,500 $197.500 $213,000 Refer to the information above. Using the high-low method, compute the fixed element of Olsen's monthly overhead cost. $33,000 $35,000 $37,500 $40,000

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!