Belden Frozen Foods packages a variety of frozen meals and vegetables. In its Saratoga Street plant, the company packages frozen corn only. The cost analyst at the Saratoga plant has conducted an analysis of the plant overhead cost accounts. Partial information from the analysis, based on the month studied, is shown here: Account Fixed Portion Variable Portion Indirect labor $ 45,360 17,460 ?? 53,460 $ 53,940 18,740 32,820 ?? Supervision Maintenance Depreciation From this information, the cost analyst used the account analysis method to derive a cost estimation equation of the form Total cost = Monthly fixed cost + (Variable cost per case Number of cases) Using the newly derived equation, the cost analyst estimated overhead costs for the following two months: Production (cases) Estimated Overhead Cost Month 1 Month 2 80,000 100,000 $ 292,340 319,940 In the month the study was conducted, the plant produced 89,500 cases.