Mr. Quik Printers documented the number of copies it made for customers as well as...
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Accounting
Mr. Quik Printers documented the number of copies it made for customers as well as total overhead costs for the past five months as follows:
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Using the high/low method, what is the overhead cost equation?
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Y = $400 + $.030x
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Y = $4640 + $.012x
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Y = $7630 + $.001x
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Y = $5566 + $.008x
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Number of copies Total overhead costs $7400 October November December January February 230 000 240 000 280 000 7500 8000 265 000 7700 248 000 7550
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