What are estimated fixed overhead costs in october

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Reference no: EM132959502

X Company uses the high-low method to estimate total overhead costs each month, with machine hours as the activity measure. The following past monthly cost and activity information is available:

Month Cost Machine Hours
May $11,484 3,450
June $6,707 1,500
July $12,342 3,800
August $15,772 5,200

If machine hours in October are expected to be 2,800, what are estimated fixed overhead costs in October [round unit costs to two decimal places]?

Reference no: EM132959502

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