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    cost accounting

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    Category: Business
    Subject: High Low method
    Details: Company x documented their production levels and overhead costs for the past five months:

    Production Overhead Costs
    January 10,500 units $402,500
    February 10,675 units $410,000
    March 11,500 $442,500
    April 12,500 $452,500
    May 11,000 437,500

    Using high-low method what is their cost equation for overhead costs?

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    Solution Summary

    The cost accounting for high low methods are given. The overhead costs for the past five months are given.