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3. value: 10.00 points Question 3 (of 3) Nova Company's total overhead cost at various levels of activity are presented below: Machine-Hours Total Overhead
3. value: 10.00 points Question 3 (of 3) Nova Company's total overhead cost at various levels of activity are presented below: Machine-Hours Total Overhead Cost Month April 51,000 May 41,000 June 61,000 July 71,000 $221,150 $194,650 $247,650 $274,150 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) Total overhead cost $ 57,400 68,000 69,250 $194,650 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements.
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