Builders Company uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,500 for 850 labour hours worked and $27.200 for 950 for labour hours worked. If Builders Company plans to work 875 labour hours next month, what is the expected total overhead cost? Use the high-low method to determine the variable and fixed costs components of Builders Company's operating cost equation First, identify the formula and calculate the variable cost component (slope) Variable cost per hour Next, Identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity. (Round your answers to the nearest whole dollar.) Total fred costs Complete Builders Company's operating cost equation (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) y$x+$ If Builders Company plans to work 875 labour hours next month, what is the expected total overhead cost? (Rould your answer to the nearest whole dollar) The total monthly operating costs It Builders Company works 875 labour hours is $ e high-low method to predict its total overhead costs. Past bour hours worked. If Builders Company plans to work 875 to determine the variable and fixed costs components of Buile and calculate the variable cost component (slope). 7 = Variable cost pe 1 Change in costs ala and compl Change in volume (the vertical intercept) us Total fixed cost Total mixed cost Total Total variable cost Variable cost per unit Company's operamy cust equauun. (noun the variable cost to the ne my plans to work 875 labour hours next month, what is the expected total ove operating costs if Builders Company works 875 labour hours is $ ny list or enter any number in the input tields and then continue to the next