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Please Help! The following information is available regarding the total manufacturing overhead of Olsen Company for a recent four-month period. April May June July Machine

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The following information is available regarding the total manufacturing overhead of Olsen Company for a recent four-month period. April May June July Machine Hours 98,888 5 , 115,000 111,800 Manufacturing Overhead $ 186,000 $ 169,000 $ 305,500 $ 197,000 Using the high-low method, compute the fixed element of Olsen's monthly overhead cost. Multiple Choice $112.500 564,000 0 $54700

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