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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
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: 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. 15.25 and fixed cost to 0 decimal places, e.3. 5.275.) Variablecost=$perlaborhour
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