Colby Limited is a 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 at high and low levels of activity over recent years are given below 10 Level of Activity Scored Machine-hours Total factory overhead costs LOM 64,200 $40,973,400 High 94,200 147,783,400 The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 64,200 machine hours level of activity as follows: Indirect materials (variable) Rent (fixed) Maintenance (mixed) Total factory overhead costs $9,565,800 22,800,000 8,687,600 $40,973,400 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 $47783.400 at the high level of activity consists of maintenance cost antenance $ 10,947 600