10 points 00:22:39 Skipped Machine- Month April Hours Total Overhead Costs 75,000 $ 208,000 May 109,500 280,000 June July 90,000 100,000 232,000 247,000 Assume that the total overhead costs consist of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 70,000 machine-hour level of activity is as follows: Utilities (V) Supervisory salaries (F) Maintenance (M) Total overhead costs V = variable; F = fixed; M = mixed. $ 49,000 22,000 137,000 $208,000 Nova Company's management wants to break the maintenance cost down into its basic variable and fixed cost elements. Required: 1. As shown, overhead costs in May amounted to $280,000. Determine how much of this consisted of maintenance cost. (Hint To do this, it may be helpful to first determine how much of the $280,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed costs!) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Maintenance cost