Month January February March April May June July August September October November December Totals Labor Hours 1,262 962 1,318 1,280 942 1,188 1,114 1,006 1,344 1,196 760 792 13,164 Machine Hours 1,752 $ 1,362 $ 2,238 $ 2,205 $ 2,013 $ 2,205 $ 1,845 $ 1,773 $ 1,641 $ 1,971 $ 1,752 $ 2,229 $ 22,986 $ OH Costs 221,304 189,758 223,883 230,335 214,621 219,848 206,957 204,047 217,754 221,287 194,962 198,559 2,543,313 Units Mfg'd 5,256 4,086 6,714 6,615 5,652 6,615 5,535 5,319 4,923 5,913 4,560 4,752 65,940 Max Min 1,344 760 584 69.480 $ 2,238 $ 1,362 $ 876 46.320 230,335 $ 189,758 $ 40,576 6,714 Use the blue area 4,086 to show your 2,628 high-low calculations $ VC FC The following assumptions apply unless an alternative is specifically given in a question i) The Sales Price per unit ii) Direct materials and direct labor costs per unit. iii) Variable General and Administrative costs per unit. iv) Fixed General and Administrative costs per month. v) Marginal tax rate on Income $ $ $ 74.00 19.00 14.00 350,000 21% What is the estimated variable cost per labor hour? $ 69.480 Q1 What is the estimated monthly fixed overhead cost? Q2 Forecast monthly overhead costs for a month when labor hours are equal to 1,100 Q3 What is the average number of labor hours per unit? Q4 What is your estimate of the variable overhead cost per unit? Q5 What is your estimate of the contribution margin per unit? $ 41.0000 Q6 What is your estimate of total fixed cost per month? Q7