-Business Course Return to course My Subscriptions Savanna Stauffer eBook Print P6-4A. Rand.03 Question 2 Incomplete answer Marked out of 25.00 pas question High-Low and Cost Formula Harrison Company has accumulated the following total manufacturing overhead costs for two levels of activity within the relevant range) Low High Activity (direct labor hours) 80,000 120.000 Total manufacturing overhead $702,000 $906,000 Support The total overhead cost includes variable, fixed and mixed costs. At 120,000 direct labor hours, the total cost breakdown is as follows: $396.000 Variable cost Fixed cost 240.000 Semi-mixed cost $270,000 a. Using the high-low method of cost analysis, determine the variable portion of the semi-variable cost per direct labor hour. Determine the total fixed cost component of the mixed cost Isolate mixed costs: Do not use negative signs with your answers. Return to course Savanna Stauffer Business Course My Subscriptions 2. Using the high-low method of cost analysis, determine the variable portion of the semi variable cost per direct labor hour, Determine the total fixed cost component of the mixed cost. Isolate mixed costs: Do not use negative signs with your answers Total cost $ Less: Variable cost Fored cost Total med costs Low 702000 264000 240000 198000 High 906000 369000 240000 297000 High-Low Analysis: Round variable portion per unit to two decimal places, if applicable Direct Labor Hours Total Mixed Cost. Variable Portion - Fixed Portion 120000 297000 297600 - 5 -600 80000 198000 198400 400 Difference 40000 5 99000 Variable portion per unit: 5 2.48 b. What should the total planned overhead cost be at 100,000 direct labor hours? Variable Cost Per Unit Fixed Costs Variable cost $ 4.4 Fixed cost 240000 Mixed: Variable portion 2.48 Fixed portion 240000 Totals: $ $ $ Total planned overhead for 100,000 direct labor hours $ Please answer all parts of the question. Previous Save Answers