Question 4.4 (Total: 24 marks) Dundar Mifflin makes electronic products for the RCMP. The following data is for the first six months: Direct Labor Hours Manufacturing Overhead January 45,000 $295,000 February 60,000 $320,000 March 57,000 $323,000 April 52,000 $247, 250 May 34,000 $178,200 June 25,000 $162,500 Submission Instructions: 1. Use the high-low method to estimate the cost formula 2. estimates you obtained for its components. Estimate the total overhead cost at an activity level of 48,000 Thachine hours, using the separate