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Question 5. (16 marks) Antoine Griezmann Inc. makes soccer balls for the UEFA Championship League. The following data is for the June to November. Direct
Question 5. (16 marks)
Antoine Griezmann Inc. makes soccer balls for the UEFA Championship League. The following data is for the June to November.
| Direct Labor Hours | Manufacturing Overhead |
June | 55,000 | $395,000 |
July | 70,000 | $420,000 |
August | 67,000 | $423,000 |
September | 62,000 | $347,250 |
October | 44,000 | $278,200 |
November | 35,000 | $262,500 |
Submission Instructions:
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Use the high-low method to estimate the cost formula
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Estimate the total overhead cost at an activity level of 48,000 machine hours, using the separate estimates you obtained for its components.
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