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2.00 points Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 46.000 $205,180 $177,880 36.000
2.00 points Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 46.000 $205,180 $177,880 36.000 May 56,000 $232,480 June 66,000 July $259,780 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of hese costs at th e 36,000 machine-hou level of activi Utilities (variable) 54,000 Supervisory salaries (fixed) 65,000 Maintenance (mixed) 58,880 Total overhead cost $177,880 Nova Company's management wants to break down the maintenance cost into its variable an fixed cost d elements Required: 1. Estim how much of the $259,780 of overhead cost in July was maintenance cost. (Hint: To do this, it ate may be helpful to first determine how much of the $259,780 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs Do not round intermediate calculations.) aintenance cost in July S 92,780
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