Question
Tart'n Sweet operates a boutique ice cream parlor that sells pints frozen yogurt. Below is the total overhead data for the past 6 months of
Tart'n Sweet operates a boutique ice cream parlor that sells pints frozen yogurt. Below is the total overhead data for the past 6 months of operation for Tart'n Sweet.
A. What is the variable cost per unit for overhead using the High-Low method?
B. What is the estimated fixed cost of overhead per month using the High-Low method?
C. Estimate the total overhead cost a month when 58, 000 pints are produced using the High-Low method.
Label and place your final answer for A-C at the top of the answer box. Then after the answer to C, label and show your work for each part of the question. Just show me numbers that is usually enough for me to follow your logic.
August September October November December January Pints Produced 107, 000 99, 000 63, 000 49, 000 72,000 86, 000 Total Overhead Cost $435,000 $420,000 $320,000 $290,000 $367,000 $397,000Step by Step Solution
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