Assignment- Cost Behaviour The Wildcat Company has provided the following information for the factory overhead cost pool: Units of Output Indirect materials Indirect labour Supervisors' salaries Equipment depreciation Maintenance Utilities Total 30,000 Units $180,000 1,080,000 312,000 151,200 81,600 384,000 $2.188.800 42,000 Units $252,000 1,512,000 312,000 151,200 110,400 528,000 $2.865,600 Required: Using the high-low method and the information provided above, 2. Wildcat is now budgeting overhead costs of next year. It expects indirect material costs will increase by 6%, supervisor salaries will be 5% higher and that the variable portion of maintenance costs will increase by 4%. All other costs will remain at this year's level. What is the expected cost function for next year if the company expects to produce 40,000 units