Thompson Refrigerators Inc. needs to prepare pro forma financial statements for the upcoming fiscal year. To do this, the company must forecast its total overhead costs. Below are the actual machine hours and total overhead costs for the last six months.

Mes	Total overhead	machine hours
Ene.	$8,258	2,134
Feb.	8,006	2,045
Mar.	8,387	2,276
Abr.	8,832	2,743
Mayo	8,921	2,834
June	7,841	2,034

Using the high-low method, calculate the unit variable overhead cost.

Answer rating: 100% (QA)

To calculate the unit variable overhead cost using the highlow method you need to identify the highe... View the full answer