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The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year Busiest month (June) Slowest

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year Busiest month (June) Slowest month (December) Machine Hours 20,000 5,000 Direct Labor Costs $295 , $118 , 1 Macon expects to use 21000 machine hours next month, what are the estimated direct labor costs? Multiple Choice $306,800 $177,000

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