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The following information is available regarding the total manufacturing overhead of Olsen Company for a recent fourmonth period. 36 Machine Manufacturing Hour's Overhead Apr'il 66,999

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The following information is available regarding the total manufacturing overhead of Olsen Company for a recent fourmonth period. 36 Machine Manufacturing Hour's Overhead Apr'il 66,999 $ 174,999 May 59,999 $ 157,999 ': 2 013426} June 193,089 $ 284,706 7 July 99,999 $ 185,999 Using the high-low method, compute the variable element of manufacturing overhead cost per machine hour. Multiple Choice 0 $.90 per machine hour $.33 per machine hour 0 $2.38 per machine hour $.83 per machine hour

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