Question
X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results: OH Cost Production May
X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results:
| OH Cost | Production | |
| May | $8,878 | 2,700 |
| September | $12,680 | 4,650 |
If December production is expected to be 3,700 units, what are expected total fixed overhead costs in December [round unit costs to two decimal places]?
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College Accounting, Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
21st Edition
1285055411, 9781285055411
