Question 5 of 13 - /6 Current Attemptin Progress Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year: Month Labor Hours Overhead Costs $ 66,360 January 3,900 February 3,200 63,220 March 3,300 64,220 April 4.400 68,460 May 4,700 71,520 June 5.900 75.760 July 8,200 85,220 August 7.900 82,160 September 6,800 76,940 October 4.900 72,560 November 3.500 66,280 December 6.900 77,960 MacBook Air Month Hours Costs January 3,900 $ 66,360 February 3,200 63,220 March 3,300 64,220 April 4,400 68,460 May 4,700 71,520 June 5,900 75,760 July 8,200 85,220 August 7.900 82,160 September 6,800 76,940 October 4,900 72,560 November 3,500 66,280 December 6,900 77,960 Total 63,600 $ 870,660 (a) Identify the high and low points Activity Level High point $ Low point $ Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to O decimal places, e.g. 5,275.) Variable cost $ per labor hour Fixed cost e Textbook and Media Sve for Later Attempts:0 of 3 used Subenit Answer (b) Angie has booked 4,200 labor hours for the coming month. How much overhead should she expect to incur? Total cost $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (c) If Angle books one more catering job for the month, requiring 350 labor hours, how much additional overhead should she expect to incur? Additional overhead $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit