The CW98435 company uses direct labor-hours as its activity measure for overhead cost. Shown below are direct labor-hours and total overhead costs for the first half of the year: Overhead Direct labor-Hours Cost 150,000 140,000 $339,000 $328,000 Jan Feb Мar 160,000 $350,000 Apr 120,000 $296,000 May 170,000 $362,500 Jun 200,000 $400,000 Assume that the relevant range includes all of the activity levels for the CW98435 company given in this problem. f CW98435 expects to incur 192,000 direct labor hours next month, what will the estimated total overhead cost be using the high-low method? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $389,600 $390.800 $390,100 $388,600
The CW98435 company uses direct labor-hours as its activity measure for overhead cost. Shown below are direct labor-hours and total overhead costs for the first half of the year: Overhead Direct labor-Hours Cost 150,000 140,000 $339,000 $328,000 Jan Feb Мar 160,000 $350,000 Apr 120,000 $296,000 May 170,000 $362,500 Jun 200,000 $400,000 Assume that the relevant range includes all of the activity levels for the CW98435 company given in this problem. f CW98435 expects to incur 192,000 direct labor hours next month, what will the estimated total overhead cost be using the high-low method? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $389,600 $390.800 $390,100 $388,600
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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