1. Using the high-low method, a company determined that per-unit variable costs were $22 and total fixed costs were $38,000. What total costs would the company forecast assuming it plans to sell 8,000 units next period?

Group of answer choices

$83,600

$38,000

$138,000

$176,000

$214,000

2. Y Company recently collected the following cost data. July had $32,000 of overhead and 4,200 labor hours. August had $28,500 of overhead and $3,400 labor hours. September had $24,000 overhead and 2,000 labor hours. October had $38,500 of overhead and 6,000 labor hours. November had $45,000 overhead and 9,000 labor hours. December had $41,000 overhead and 7,500 labor hours. If the company uses the high-low method then how much would total fixed costs be?

Group of answer choices

$12,000

$10,000

$18,000

$8,000