part c

Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year: Month January February March April May June July August September October November December Total Labor Hours 4,000 3.300 3.400 4.500 4.800 6,000 8,300 8.000 6.900 5,000 3.600 7.000 64,800 Overhead Costs $62.000 59.000 60,000 64,000 67,000 71.000 80.000 77.000 72,000 68.000 62,000 73.000 $815,000 (a) Your answer is correct Identify the high and low points Activity Level High point 3300 80000 Low point 59000 Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places es. 15.25 and fixed cost to decimal places, es 5.275.) 4.2 per labor hour Variable cost Fixed cost $ 45140 eTextbook and Media Attempts: 2 of 3 used [b] Your answer is correct. Angie has booked 4.200 labor hours for the coming month. How much overhead should she expect to incur? Total costs 62760 e Textbook and Media Attempts: 2 of 3 used If Angle books one more catering job for the month. requiring 350 Labor hours how much additional overhead should she xpect to incar! Additional overheads