Question: Yummy Yummy Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,400 when 840 hours

Yummy Yummy Catering uses the high-low method to predict its total

Yummy Yummy Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,400 when 840 hours were worked and $27,000 when 940 hours were worked. If Yummy Yummy Catering has 865 hours scheduled for next month, what is the expected total overhead cost for next month? Use the high-low method to determine the variable and fixed costs components of YummxYummak Catering's operating cost equation. First identify the formula and calculate the variable cost component (slope). (Enter the variable cost per unit to the nearest cent.) Change in costs / Change in volume = Variable cost per unit / Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity. Total mixed (overhead) cost Total variable cost = Total fixed costs - = Complete DeliciousDelicious Caterings's operating cost equation. y =$ x + $ If Delicious Delicious Catering has 865 hours scheduled next month, what is the expected total + overhead cost? The total monthly operating costs if Delicious Catering works 865|labor hours is $

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