Check my work Utilities (variable) Supervisory salaries (fixed) Maintenance ( ed) Total overhead cost $ 54,600 70.000 65,320 $189.920 15.66 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements Required: 1. Estimate how much of the $262.220 of overhead cost in July was maintenance cost. (Hit to do this, it may be helpful to first determine how much of the $262.220 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs) 2. Using the high-low method, estimate a cost formula for maintenance in the form Ya+ DX 3. Express the company's total overhead cost in the form Ya+bX 4. What total overhead cost would you expect to be incurred at an activity level of 47000 machine hours? rece Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 equired Complete this question by entering your answers in the tabs below. 15.66 points Required 1 Required 2 Required 3 Required 4 Skipped Estimate how much of the $262,220 of overhead cost in July was maintenance cost. (Hint: to do this, it may be helpful to first determine how much of the $262.220 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs.) (Do not round intermediate calculations.) ellook Maintenance cost July Print Required 2 > References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 poed a +bX. (Do not round your intermediate Using the high-low method, estimate a cost formula for maintenance in the form Y calculations. Round the "Variable cost per unit" to 2 decimal places.) Book Print cferences Complete this question by entering your answers in the tabs below. 15.66 points Required 1 Required 2 Requires 3 Required 4 Skipped a Express the company's total overhead cost in the form Y "Variable cost per unit to 2 decimal places.) +bX. (Do not round your intermediate calculations. Round the eBook Variable Cost Print Machine Hour Fixed Cost Ultes cost Supervisory salaries cost Maintenance cost Total overhead cost 4. What total overhead cost would you expect to be incurred at an activity level of 47,000 machine-hours? Complete this question by entering your answers in the tabs below. 15.66 points Required 1 Required 2 Required 3 Required 4 Skipped What total overhead cost would you expect to be incurred at an activity level of 47,000 machine-hours? (Do not round intermediate calculations.) ellook Total overhead cost