Examlex

Solved

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?


Definitions:

Federal Investments

Money allocated by the United States government into public projects, programs, or other initiatives aimed at promoting economic growth and stability, improving infrastructure, and supporting societal welfare.

Cold War Icon

A symbol or figure that represents the political and military tension between the Soviet Union and the United States from the late 1940s to the early 1990s.

White Suburban Housewife

A stereotype focusing on middle-class, Caucasian women living in suburban areas, often depicted with traditional roles centered around home and family.

Student Protester

An individual who is actively engaged in demonstrations or actions often related to educational or political issues.

Related Questions