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:

$($a$)$

Identify the high and low points.

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 $=$$

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$($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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$($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 $=$$

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