Which of the following choices represents the highest and lowest respective coordinates of activity level and corresponding total overhead costs? O ($370, 158 labour hours), ($564, 320 labour hours) O (320 labour hours, $564), (158 labour hours, $370) O ($564, 320 labour hours), ($370, 158 labour hours)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Labour
Month Hours (X)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
201
174
290
300
184
263
158
320
Overhead
Costs (Y)
$414
$383
$518
$533
$401
$492
$370
$564
Which of the following choices represents the highest and lowest respective coordinates of activity level and correspor
overhead costs?
($370, 158 labour hours), ($564, 320 labour hours)
O (320 labour hours, $564), (158 labour hours, $370)
O ($564, 320 labour hours), ($370, 158 labour hours)
O (158 labour hours, $370), (320 labour hours, $564)
total
Transcribed Image Text:Labour Month Hours (X) Jan Feb Mar Apr May Jun Jul Aug 201 174 290 300 184 263 158 320 Overhead Costs (Y) $414 $383 $518 $533 $401 $492 $370 $564 Which of the following choices represents the highest and lowest respective coordinates of activity level and correspor overhead costs? ($370, 158 labour hours), ($564, 320 labour hours) O (320 labour hours, $564), (158 labour hours, $370) O ($564, 320 labour hours), ($370, 158 labour hours) O (158 labour hours, $370), (320 labour hours, $564) total
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