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