Solution-Estimate the cost equation

Estimate the cost equation

Reference no: EM132562571

Question - The Missou Manufacturing Company recorded overhead costs of $14,312 at an activity level of 4,850 machine hours and $8,020 at 2,430 machine hours. What is the total estimated cost for 2,730 machine hours using the high-low method to estimate the cost equation? (Round unit variable overhead cost to the nearest cent.)

a. $9,795.

b. $8,800.

c. $8,020.

d. $7,098.

Reference no: EM132562571

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Estimate the cost equation

Reference no: EM132562571

Reference no: EM132562571

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