A company needs to know the expected amount of factory overheads cost it will incur in the following month. Factory overheads cost in the previous four months was as follows: In Jan $30,000 cost for 6,000 units, In Feb $22,000 cost for 5,000 units, In Mar $29,000 cost for 6,000 units, in April $25,000 cost for 4,000 units, in May $25,000 cost for 5,000 units in June $20,000 cost for 4,000 units. Company expects to produce 7000 units in July. 1- Using High Low method, calculate the variable cost per unit and the fixed cost per month and write the cost equation for Factory overhead cost. 2- Using the cost Equation derived above, calculate the expected factory overhead cost in July. Show your complete calculations. *

you just give answers

yes