14 Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost ril May June July 51,000 41,000 61,000 71,000 $200,790 $176,890 $224,690 $248,590 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) $ 53,300 61,000 62,590 Total overhead cost $176,890 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements Required: 1. Estimate how much of the $248,590 of overhead cost in July was maintenance cost. (Hint: To do this, it may be helpful to first determine how much of the $248,590 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs!) (Do not round intermediate calculations.) Maintenance cost in July