The following information is available regarding the total manufacturing overhead of Olsen Company for a recent four-month period Machine Hours 90,000 80,000 110,000 95,000 Manufacturing Overhead April $ 170,000 May $ 153,000 June $ 198,000 July $ 181,000 Using the high-low method, compute the fixed element of Olsen's monthly overhead cost.

Using ue nign row method, compute the fixed element of Olsen's monthly overhead cost