Homework answers / question archive / The Chambers Manufacturing Company recorded overhead costs of $14,282 at an activity level of 4,700 machine hours and $8,486 at 2,400 machine hours

The Chambers Manufacturing Company recorded overhead costs of $14,282 at an activity level of 4,700 machine hours and $8,486 at 2,400 machine hours

Accounting

Share With

The Chambers Manufacturing Company recorded overhead costs of $14,282 at an activity level of 4,700 machine hours and $8,486 at 2,400 machine hours. The records also indicated that overhead of $9,780 was incurred at 2,700 machine hours. What is the variable cost per machine hour using the high-low method to estimate the cost? (Round your final answer to 2 decimal places.)