Predict overhead costs in future months

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Reference no: EM13920958

X Company's accountant analyzed the following overhead costs in March to develop a cost function that could be used to predict overhead costs in future months.

Supplies	$23,200
Utilities	23,200
Maintenance	20,400
Insurance	11,800

The accountant classified these costs as follows: supplies were variable; insurance was fixed; variable utilities were $16,240; fixed maintenance was $6,120.

March production was 900 units; June production is expected to be 1,020 units.

Reference no: EM13920958

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