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Noble IncDocumented the Number of Units Produced as Well as Maintenance

Question 32

Essay

Noble Inc.documented the number of units produced as well as maintenance costs for the past five months as follows:
 Number af units  Total overhead costs  October 120 a00 $6200 Navember 18000010000 December 1000006000 January 1100008000 February 1350009000\begin{array} { l c c } & \text { Number af units } & \text { Total overhead costs } \\\hline \text { October } & 120 \text { a00 } & \$ 6200 \\\text { Navember } & 180000 & 10000 \\\text { December } & 100000 & 6000 \\\text { January } & 110000 & 8000 \\\text { February } & 135000 & 9000\end{array}
Noble uses the high/low method of estimating mixed costs.
Required:
A. What is the equation to predict estimated total overhead costs?
B. If the company expects to produce 150000 units in March, what will be the estimated total overhead costs?

Correct Answer:

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A. blured image
High number of units blured image November
Low n...

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