Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year:

Angie has booked 4,200 labor hours for the coming month. How much overhead should she expect to incur?

If Angie books one more catering job for the month, requiring 350 labor hours, how much additional overhead should she expect to incur?

Month Labor Hours Overhead Costs January 4,000 $64,000 February 3,300 61,000 March 3,400 62,000 April 4,500 66,000 May 4,800 69,000 June 6,000 73,000 July 8,300 82,000 August 8,000 79,000 September 6,900 74,000 October 5,000 70,000 November 3,600 64,000 December 7,000 75,000 Total 64,800 $839,000