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Connect x Homework App 5A Help Save &Exit Subit 2 Problem SA-8 High-Low Method; Predicting Cost [LOS-10) Nova Company's total overhead cost at various levels
Connect x Homework App 5A Help Save &Exit Subit 2 Problem SA-8 High-Low Method; Predicting Cost [LOS-10) Nova Company's total overhead cost at various levels of actvity are presented below Tosal 43,00 180,06t 3, 000234,460 73,000 261,640 Assume that the total overhead cost above consists of ubities, supervisory salaries, and maintenance. The breakdown of these costs at the 43,000 machine-hour level of activity is: veilities (varieble) Supervisory salaries (tixed) Nova Company's management wants to break down the maintenance cost into its variable and fiwed cost in July was maintenance cost.nt to thisit may be heiplu to frst Required: 1. Estimate how much of the $261660 of overhead determine how much of the $261,660 consisted of ubilities and costsl supervisory salaries. Think about the behavior of variable and fed
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