TB MC Qu. 5-46 The Macon Company uses the high-low... The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours 20,000 8,000 Busiest month (June) Slowest month (December) Direct Labor Costs $250,000 $ 127,000 If Macon expects to use 14,500 machine hours next month, what are the estimated direct labor costs? O $172,000. O $179,125. $193,625. $148,625. O The Missou Manufacturing Company recorded overhead costs of $14,202 at an activity level of 4,300 machine hours and $8,559 at 2,320 machine hours. The records also indicated that overhead of $9,740 was incurred at 2,620 machine hours. What is the total estimated cost for 2,620 machine hours using the high-low method to estimate the cost equation? O $9,414. $8,559. O $9,740. O $7,467