ACCA · Question 06 · B. Data analysis and statistical techniques

A heavy manufacturing plant records total overhead costs of $50,000 when producing 10,000 units, and $70,000 when producing 15,000 units.

Management notes that fixed costs step up by $5,000 when production exceeds 12,000 units.

Using the high-low method, calculate the estimated total overhead cost for producing 14,000 units.

(Enter the numeric value only, without commas or currency symbols)