Concept explainers
The following data obtained from XYZ Corporation represent the total
Period Working-Hours Overhead Costs
1 100 12000
2 60 22000
3 20 10000
4 100 33000
5 80 20000
6 60 16000
7 40 14000
8 120 40000
9 80 22000
10 40 11000
Required
1- Plot the relationship between Working-Hours and overhead Costs
2- Use the high-low method to compute the cost function, relating working-hours and overhead costs
3- What is the increase in maintenance costs for each 1500 working-hours
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