8 pt X Company uses the high-low method to predict monthly overhead costs. The following were...

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8 pt X Company uses the high-low method to predict monthly overhead costs. The following were January and Ma and activity res

business accounting

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Answer 1

Answer #1

Variable cost per production = ($13,990 - $7,720) / (4,850 - 1,850) = $2.09 per production

Total variable cost at 4,850 productions = 4,850 X $2.09 = $10,137

Fixed cost = Total cost - Total variable cost

= $13,990 - $10,137

= $3,853

Option C.

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Answer 2

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