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the following data was obtained from the books of the CaldwellHome Painting Company: Month ——–

the following data was obtained from the books of the CaldwellHome Painting Company: Month ——–

the following data was obtained from the books of the CaldwellHome Painting Company:Month ——————–Overhead Costs————————–Direct Labor HoursJanuary ———————$2,400———————————————–600February ———————3,750————————————————800March————————-1,800————————————————-500April—————————-3,900———————————————– 900May—————————-1,100————————————————200A. Compute the fixed and variable components of the monthlyoverhead costs using the high-lowmethod.B. Using the equation developed in (a) above. project theoverhead costs for the month of august if the direct costs for themonth of august if direct labor hours are projected to be 1100hours for that month.