Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is (a) seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has Identify the high and low points. gathered the following cost information from the past year: Activity Level High point Labor Overhead Month Hours Costs Low point January 4,000 $62,400 Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. February 3,300 59,680 Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to O decimal places, e.g. 5,275. March 3,400 60,680 Variable cost per labor hour April 4,500 64,200 Fixed cost May 4,800 67,080 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer June 6,000 70,600 July 8,300 78,680 (b August 8,000 75,800 Angie has booked 4,200 labor hours for the coming month. How much overhead should she expect to incur? September 6,900 71,240 Total cost = $ October 5,000 68,000 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer November 3,600 62,560 December 7,000 72,200 (c) Total 64,800 $813,120 If Angie books one more catering job for the month, requiring 350 labor hours, how much additional overhead should she expect to incur? Additional overhead = $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit