Question: X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results: OH Cost Production May

X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results:

OH Cost Production
May $9,398 2,700
September $14,897 5,050

If December production is expected to be 3,900 units, what are expected total fixed overhead costs in December [round unit costs to two decimal places]?

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!