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The accountant of Venus Health Products, LLC, has compiled the following information about the direct labor hours and the indirect labor costs for each month
The accountant of Venus Health Products, LLC, has compiled the following information about the direct labor hours and the indirect labor costs for each month of 2019:
Month | Direct Labor Hours | Indirect Labor Costs | |||||
January | 1,400 | $ | 5,970 | ||||
February | 1,100 | 5,600 | |||||
March | 1,850 | 6,510 | |||||
April | 2,000 | 6,700 | |||||
May | 2,670 | 7,641 | |||||
June | 2,600 | 7,470 | |||||
July | 2,600 | 7,630 | |||||
August | 2,400 | 7,360 | |||||
September | 2,160 | 7,050 | |||||
October | 2,300 | 7,230 | |||||
November | 2,200 | 7,100 | |||||
December | 1,600 | 6,310 | |||||
Fill in the following for high and low valuse for Direct Labor Hours and Indirect Labor Costs.
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Calcutate fixed cost per month. (Round your intermediate calculations to 2 decimal places.)
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Calcutate variable cost per direct labor hour.
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Compute the estimated total indirect labor cost if 2,100 hours of direct labor are employed during a month.
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