Armondo SA is an Argentinian manufacturing company whose total factory overhead costs fluctuate somewhat from year to year according to the number of machine-hours worked in its production facility. These costs (in Argentinian pesos) at high and low levels of activity over recent years are given below:

Level of Activity Machine-hours Total factory overhead costs Low 47,700 248,560 pesos High 63,600 277,180 pesos The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 47,700 machine-hours level of activity as follows: 62,010 pesos Indirect materials (variable) Rent (fixed) Maintenance (mixed) 135,000 51,550 Total factory overhead costs 248,560 pesos For planning purposes, the company wants to break down the maintenance cost into its variable and fixed cost elements. Required. 1. Estimate how much of the factory overhead cost of 277,180 pesos at the high level of activity consists of maintenance cost. (Hint: To do this, it may be helpful to first determine how much of the 277,180 pesos cost consists of indirect materials and rent. Think about the behavior of variable and fixed costs.) (Do not round intermediate calculations.) Maintenance cost at high level of activity pesos