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 | $8,992 | 2,600 |
| September | $14,842 | 5,200 |
If December production is expected to be 4,900 units, what are expected total overhead costs in December (round unit costs to the nearest cent)?
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
