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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 June July August September October 55,000 70,000 67,000 62,000 44,000 35,000 Manufacturing Overhead $395,000 $420,000 $423,000 $347,250 $278,200 $262,500 November Submission Instructions: 1. Use the high-low method to estimate the cost formula 2. 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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