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Reference: 18_02
Tanner Inc -Using the High-Low Method,calculate the Variable Cost Component of These

question 63

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Reference: 18_02
Tanner Inc. has incurred the following overhead costs over a six-week period:
 Week  Machine Hours  Overhead Cost 168$1,190262$1,004372$918446$710594$1,025648$965\begin{array} { | c | c | c | } \hline \text { Week } & \text { Machine Hours } & \text { Overhead Cost } \\\hline 1 & 68 & \$ 1,190 \\\hline 2 & 62 & \$ 1,004 \\\hline 3 & 72 & \$ 918 \\\hline 4 & 46 & \$ 710 \\\hline 5 & 94 & \$ 1,025 \\\hline 6 & 48 & \$ 965 \\\hline\end{array}
-Using the high-low method,calculate the variable cost component of these overhead costs (round to the nearest two decimal places) .

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Definitions:

Serious Mental Illness

A mental, behavioral, or emotional disorder resulting in serious functional impairment, which substantially interferes with or limits one or more major life activities.

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Drugs that affect the mind, emotions, and behavior and are used to treat psychiatric disorders.

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Thoughts about homicide, which can range from vague ideas of wanting to harm someone to detailed plans.

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A mental disorder characterized by a disconnect from reality, often featuring hallucinations, delusions, and impaired thought processes.

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