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:

Month		Labor Hours				Overhead Costs
January			2,800				$51,840
February			2,100				49,120
March			2,200				50,120
April			3,300				53,640
May			3,600				56,520
June			4,800				60,040
July			7,100				68,120
August			6,800				65,240
September			5,700				60,680
October			3,800				57,440
November			2,400				52,000
December			5,800				61,640
Total			50,400				$686,400

Identify the high and low points.

		Activity Level		$
High point		enter the activity level for high point		$enter the high point in dollars
Low point		enter the activity level for low point		$enter the low point in dollars

Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to 0 decimal places, e.g. 5,275.)

Variable cost	=	$enter the variable cost per labor hour in dollars rounded to 2 decimal places	per labor hour
Fixed cost	=	$enter the fixed cost amount in dollars rounded to 0 decimal places

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 =

$enter the additional overhead amount in dollars rounded to 0 decimal places