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Aqua Spring produces agricultural irrigation equipment. During a year, the amount of overhead costs on a per - month basis varies in relation to the

Aqua Spring produces agricultural irrigation equipment. During a year, the amount of overhead costs on a per-month basis varies in relation to the machine hours used
in a given year. The low for the past year was 4,140 hours, and the expense associated was $86,840. The high for the period was 7,300 hours, and the associated
expense was $123,356. During the low month, the $86,840 in overhead costs consisted of indirect materials of $41,400(a variable expense), rent of $36,000(a
fixed expense), and maintenance costs of $9,440(a mixed expense).
Read the requirements.
What are the estimated costs for indirect materials?
Requirement 1b. Given the breakdown of expenses in the
whole dollar.)
What are the estimated costs for rent?
Requirement 1c. Given the breakdown of expenses in the
whole dollar.)
What are the estimated costs for maintenance?
Requirement 2. What is the cost function for maintenance
Determine the variable ( v ) and fixed ( f ) cost components of
nearest cent. Round your answer for the fixed cost to t
Required
Given the breakdown of expenses in the low period, what are the estimated
costs for (a) indirect materials, (b) rent, and (c) maintenance during the
high period?
What is the cost function for maintenance costs?
What amount of maintenance costs would be expected with 7,800 machine
hours of work?
What would be the total overhead costs at 7,800 machine hours?
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