TIME LIMIT PLS ANSWER ASAP

Entry Rules:

Round your answers to the nearest PENNY (2 decimal places). Use your rounded answer in ALL subsequent calculations.

Examples:

If your answer is $24,500.4746, enter 24500.47

If your answer is $24,500.4753, enter 24500.48

If your answer is $24,500.0012, enter 24500.00

Never enter $ or , when inputting numerical answers

QUESTION:

Unique Ltd., a manufacturing firm, manufactures brakes. The company has supplied information from its accounting records for the last year.

	No. of	Factory
Month	Brakes	Overhead
Jan	220,000	$430,000
Feb	190,000	$360,000
Mar	275,000	$509,300
Apr	200,000	$360,000
May	240,000	$432,000
Jun	215,000	$366,000
Jul	260,000	$518,000
Aug	180,000	$316,000
Sep	230,000	$380,000
Oct	210,000	$374,000
Nov	225,000	$406,000
Dec	176,000	$344,000

Part 1:

Using the high low method, what is the variable factory overhead per brake?

Using the rounded answer which you just input (above), what is the fixed cost for factory overhead?

Part 2:

If the company increases their production of brakes by 45% in any given month, would the factory overhead cost per brake increase, decrease, or stay the same?

Enter the number 1 if it would increase.

Enter the number 2 if it would decrease.

Enter the number 3 if it would stay the same.

Part 3:

ASSUME If the total cost of factory overhead equals $49,000 + (1.75 * number of brakes manufactured).

What would total cost equal if the company manufacturers 218,400 brakes?

Part 4:

If the total cost of factory overhead equals $431,000 and the company manufacturers 218,400 brakes, what is the total factory overhead cost per brake