using the high-low method, total monthly fixed overhead cost is calculated to be:

Tractor Company needs to prepare pro torma financial statements for the next fiscal yeat. To do so, the company must forecastits total overhead cost. The actual machine hours and totat overhead cost are presented below for the past six months. Using the high-low method, total monthly fixed overhead cost is cakulated to be: Mutiple Ohoice $2420 Using the high-low method, total monthly fixed overhead cost is calculated to be: Multiple Choice $2,429 $2,501. $2,315. $2,710 $2,636.