The CW38003 company uses direct labor-hours as its activity measure for overhead cost. Shown below are direct labor-hours and total overhead costs for the first half of the year Jan Feb Mar Apr May Direct labor-Hours 150,000 140,000 168,000 110,000 170,000 200,000 Overhead Cost $339,000 $328,000 $350,000 $265,000 $362,500 $400,000 Jun Assume that the relevant range includes all of the activity levels for the CW38003 company given in this problem. 1 CW38003 expects to incur 180,000 direct labor hours next month, what will the estimated total overhead cost be using the high low method (Round your intermediate calculations to 2 decimal places.) Multiple Choice Multiple Choice $370.500 $369,000 $370,000 $371.200