Board Games, Inc. makes board games. The following data pertains to the last six months: Direct Labor Hours Month 1 45,000 Month 2 59,000 Month 3 57,000 Month 4 52,000 Month 5 34,000 Manufacturing Overhead $295,000 $317,000 $323,000 $247,250 $178,200 $166,500 Month 6 27,000 Based on this data, what is the linear cost equation? (Round intermediary calculations to the nearest cent.) A. y $0.21 X+$150 comma 500 B. y $4.70 X + $39 comma 700 C. y $4.76 X + $29 comma 970

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EB: A company estimates its manufacturing overhead will be $840,000 for the next year. What is the...
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Board games inc. makes this accounting questions solution

Board Games, Inc. makes board games.
The following data pertains to the last six months:
Direct Labor Hours
Month 1
45,000
Month 2 59,000
Month 3 57,000
Month 4 52,000
Month 5 34,000
Manufacturing Overhead
$295,000
$317,000
$323,000
$247,250
$178,200
$166,500
Month 6 27,000
Based on this data, what is the linear cost equation? (Round intermediary calculations to the
nearest cent.)
A. y $0.21 X+$150 comma 500
B. y $4.70 X + $39 comma 700
C. y $4.76 X + $29 comma 970
Transcribed Image Text:Board Games, Inc. makes board games. The following data pertains to the last six months: Direct Labor Hours Month 1 45,000 Month 2 59,000 Month 3 57,000 Month 4 52,000 Month 5 34,000 Manufacturing Overhead $295,000 $317,000 $323,000 $247,250 $178,200 $166,500 Month 6 27,000 Based on this data, what is the linear cost equation? (Round intermediary calculations to the nearest cent.) A. y $0.21 X+$150 comma 500 B. y $4.70 X + $39 comma 700 C. y $4.76 X + $29 comma 970
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