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In the table below are eight months of data Nexes co. collected on machine hours and overhead costs for the production of product XWON. Use

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In the table below are eight months of data Nexes co. collected on machine hours and overhead costs for the production of product XWON. Use the high-low method to estimate the variable cost of overhead per machine hour and the monthly fixed overhead cost. Machine Hrs Overhead $'s 1, 116 16,818 967 14,792 815 11,655 2,351 29,054 1,620 20,075 1,010 14,971 1,383 16,713 1, 749 21,138 Based on your estimates determine the expected overhead cost for a month that uses 2200. Round your final solution to the nearest $1.00

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