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Antoine Griezmann Inc. makes soccer balls for the UEFA Championship League. The following data is for the June to November. Direct Labor Hours Manufacturing Overhead

Antoine Griezmann Inc. makes soccer balls for the UEFA Championship League. The following data is for the June to November.

Direct Labor Hours

Manufacturing Overhead

June

50,000

$345,000

July

65,000

$370,000

August

62,000

$373,000

September

57,000

$297,250

October

39,000

$228,200

November

30,000

$212,500

Submission Instructions:

  1. Use the high-low method to estimate the cost formula

  1. Estimate the total overhead cost at an activity level of 42,000 machine hours, using the separate estimates you obtained for its components.

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