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The following information is available regarding the total manufacturing overhead of Olaf Company for a...

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Accounting

The following information is available regarding the total manufacturing overhead of Olaf Company for a recent four-month period.

Machine Hours Mfg. Overhead
April 70,000 $ 176,000
May 50,000 $ 159,000
June 105,000 $ 219,500
July 101,000 $ 187,000

Olaf's projected August operations will require approximately 140,000 machine hours. Using the high-low method, compute total manufacturing overhead estimated for August.

Multiple Choice

  • $72,000

  • $258,000

  • $159,000

  • $200,500

Answer & Explanation Solved by verified expert
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