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The following information is available regarding the total manufacturing overhead of Bursa Mfg. Co. for a recent four-month period. (see attachment) The following Information is

The following information is available regarding the total manufacturing overhead of Bursa Mfg. Co. for a recent four-month period. (see attachment)

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The following Information is available regarding the total manufacturing overhead of Bursa Mfg. Co. for a recent four-month period. Hhuhinn- Manufacturing ours Overhead January 5,933 $ S,D February 3,200 224,009 March 4,930 253,30 April 2,900- 190,009 [ a-1. Use the high-low method to detem'iine the variable element of manufacturing overhead costs per machine- hour. {Round your answer to 2 decimal places} a-2. Use the high-low method to detem'iine the xed element of monthly' overhead cost. b. Bursa expects machine-hours in May to equal 5.306. Use the most relationships determined in part a to forecast May's manufacturing overhead costs. 1:. Suppose Bursa had used the cost relationships determined in part a to estimate the total manufacturing overhead expected for the months of February and March. By what amounts would Bursa have over- or underestimated these costs? E Manufacturing overhead east _- Fixed elementof mon'd'lly overhead cost _- msmmmmmm _ _ -_

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