Question
Dundar Mifflin makes electronic products for the RCMP. The following data is for the first six months: Direct Labour Hours Manufacturing Overhead January 45,000 $295,000
Dundar Mifflin makes electronic products for the RCMP. The following data is for the first six months:
| Direct Labour Hours | Manufacturing Overhead | |
| January | 45,000 | $295,000 |
| February | 60,000 | $320,000 |
| March | 57,000 | $323,000 |
| April | 52,000 | $247,250 |
| May | 34,000 | $178,200 |
| June | 25,000 | $162,000 |
Submission Instructions:
1. Use the high-low method to estimate the cost formula
2. Estimate the total overhead cost at an activity level of 48,000 machine hours, using the separate estimates you obtained for its components
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A Survey of Mathematics with Applications
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
10th edition
134112105, 134112342, 9780134112343, 9780134112268, 134112261, 978-0134112107
