Yummy Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,700 when 860 hours were worked and $27,000 when 960 hours were worked. If Yummy Catering has 885 hours scheduled for next month, what is the expected total overhead cost for next month? Use the high-low method to determine the variable and fixed costs components of Yummy Catering's operating cost equation First identify the formula and calculate the variable cost component (slope). (Enter the variable cost per unit to the nearest cent.) Variable cost per unit = Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity. Total fixed costs = Complete Yummy Caterings's operating cost equation. x+$ If Yummy Catering has 885 hours scheduled next month, what is the expected total overhead cost? The total monthly operating costs if Yummy Catering works 885 labor hours is $