Question
X Company's accountant analyzed the following total overhead costs in March to develop a cost function that could be used to estimate overhead costs in
X Company's accountant analyzed the following total overhead costs in March to develop a cost function that could be used to estimate overhead costs in future months.
Supplies $21,800
Mainenance 16,800
Insurance 10,500
The accountant classified these costs as follows: all of the supply costs were variable, all of the insurance costs were fixed, $2,520 of the mainenance costs were fixed
March production was 970 units; June production is expected to be 1,150 units. What are estimated total costs in June [round variable costs per unit to two decimal places]?
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