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The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for 2008:

4. The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for 2008:
  
If Shapely expects to use 10,000 machine hours next month, what are the estimated direct labor costs?
A. $160,000
B. $180,000
C. $175,000
D. $150,000
E. some other answer _______________.


Given the following information, compute the total number of units for the period.
Direct labor hours 12,000
direct labor cost $2.70 per hour
Direct materials cost $75 per unit
total manufactring cost $132, 600
fixed overhead cost $36, 000
variable overhead cost 50% of total labor cost
A. 360
B. 432
C. 640
D. 840

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