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Required information PR 6.36 (Algo) Cost Behavior and Analysis; High-Low Method (LO 6-2, 6-5) The following selected data were taken from the accounting records of Metcalf Manufacturing. The company uses directlabor hours as its cost driver for overhead costs. March's costs consisted of machine supplies ($228,800), depreciotion ($30,000), and plant maintenance (\$635,200). These costs exhibit the following respective behavior: variable, fixed, and semivariable. The manulacturing overhead figures presented in the preceding table do not include Metcalf's supervisory labor cost. which is step-floed in nature. For volume levels of less than 15,000 hours, supervisory labor amounts to $75,000. The cost is $150,000 from 15,000 to 29,999 hours and $225,000 when activity reaches 30,000 hours or more. PR 6-36 (Algo) Part 1 The following selected data were taken from the accounting records... Penvired: PR 6-36 (Algo) Part 1 The following selected data were taken from the accounting records... Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the yeat. Estimate the total amount of manufacturing overhead the company can expect in November if 29,400 difect-labor hours are worked. 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine the machine supplies cost and depreciation for January. Note- Do not round your intermediate caiculations. PR 6-36 (Algo) Part 1 The following selected data were taken from the accounting records... Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour: 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,400 direct-labor hours are worked. Q Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the high-low method, analyze Motcair's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour: Note: Mound your "Variable cost per hour" answer to 2 decimal places. PR 6.36 (Algo) Part 1 The following selected data were taken from the accounting records... Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the high-low method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per direct-labor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,400 direct-labor hours are worked. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhesd the company can expect in November if 29,400 direct-labor hours are worked
