acc 2 week 5 homework

# acc 2 week 5 homework - The following information is...

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The following information is available regarding the total manufacturing overhead of Bursa Mfg. Co. for a recent four-month period:

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Machine-Hours Manufacturing Overhead Jan. 5,700 \$310,000 Feb. 3,200 224,000 Mar. 4,900 263,800 Apr. 2,700 190,000 a . Use the high-low method to determine: 1. The variable element of manufacturing overhead costs per machine-hour. 2. The fixed element of monthly overhead cost. b. Bursa expects machine-hours in May to equal 5,300. Use the cost relationships determined in part a to forecast May's manufacturing overhead costs. c. Suppose Bursa had used the cost relationships determined in part a to estimate the total manufacturing overhead expected for the months of February and March. By what amounts would Bursa have over- or underestimated these costs? (Round the cost per machine hour to 2 decimal places and all the other amounts to whole dollar amounts. Omit the "\$" sign in your response.)
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acc 2 week 5 homework - The following information is...

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