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Important information about mixed cost

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The Tyson Company has provided the following information:

Direct
Month Factory Labor Hours
Overhead

January $92,095 4,600

February 103,056 5,280

March 83,802 3,760

April 89,594 4,320

May 108,694 5,720

June 87,404 3,880

a. Using the high-low method, calculate the total fixed factory overhead cost and the variable factory overhead cost per direct labor hour.

b. Prepare the cost function.

c. What would the total factory overhead cost be at a level of 5,000 hours?

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Solution Summary

Excel file contains calculation of the total fixed factory overhead cost and the variable factory overhead cost per direct labor hour using High -Low method and total cost at a level of 5,000 hours.

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