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The following information is available regarding the total manufacturing overhead for Waleska Industries for a recent four month period. Machine Hrs Mfg Overhead April 90,000
The following information is available regarding the total manufacturing overhead for Waleska Industries for a recent four month period.
Machine Hrs Mfg Overhead
April 90,000 $170,000
May 80,000 $153,000
June 110,000 $198,000
July 95,000 $181,000
Using the high-low method, compute the variable element of manufacturing overhead cost per machine hour
$1,50 per machine hour
$2.10 per machine hour
$1.40 per machine hour
$0.87 per machine hour
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