QUESTION 29 Not yet answered Marked out of 26.00 Flag question High-Low and Cost Formula Adams Company has accumulated the following total manufacturing overhead costs for two levels of activity (within the relevant range): Low High Activity (direct labor hours)30,000 50,000 Total manufacturing overhead $135,000 $181,000 The total overhead cost includes variable, fixed, and mixed costs. At 50,000 direct labor hours, the total cost breakdown is as follows: Variable cost $100,000 Fixed cost Semi-mixed cost $36,000 45,000 a. Using the high-low method of cost analysis, determine the variable portion of the semi-variable cost per direct labor hour. Determine the total fixed cost component of the mixed cost. isolate mixed costs: Low High