Question: Two Brothers Catering uses the high - low method to predict its total overhead costs. Past records show that total overhead cost was $ 2

Two Brothers Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was
$25,400 when 810 hours were worked and $27,400 when 910 hours were worked. If Two Brothers Catering has 835 hours scheduled
for next month, what is the expected total overhead cost for next month?
The expected total overhead costs if Two Brothers Catering works 835 labor hours is
 Two Brothers Catering uses the high-low method to predict its total

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!