The Tyson Company has provided the following information:
Month Factory Labor Hours
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?© BrainMass Inc. brainmass.com June 3, 2020, 9:32 pm ad1c9bdddf
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.