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:

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$.15\mathrm{.}25$ and fixed cost to $0$ decimal places, e$.$g$.$

$5,275.)$

Variable cost $=$$

per labor hour

Fixed cost $,=$$

eTextbook and Media

$($b$)$

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

Total cost $=$$

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Attempts: $0$ of $3$ used

$($c$)$

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 $=$$