Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May June Machine-Hours 76,000 66,000 36,000 95,000 Total Overhead Cost $158,000 5150,000 $365,000 5202.000 July 54 Assume that the overhead cost above consists of utilities, supervisory solaries, and maintenance. The breakdown of these costs at the 66.000 machine hour level of activity in May is as follows utilities (variable) Supervisory salaries ) Maintenance (wied) Total overhead cost $39.000 22, 9. $150,000 The company wants to break down the maintenance cost into its variable and foxed cost elements Required: 1. Estimate how much of the $202,000 of overhead cost in July was maintenance cost. Hint: To do this first determine how much of the $202000 consisted of titles and supervisory salatles. Think about the behaviour of variabile and feed costs within the relevant tange) (Round the "Variable cost per unit to 2 decimal places) Maintenance cost in Jul 2. Using the high-low method, estimate a cost formula for maintenance. (Round the "Variable cost per unit" to 2 decimal places.) Machine- Hours Maintenance Cost High activity level Low activity level Change 0$ Vanable cost element Fixed cost element per MH 3. Express the company's total overhead cost in the form Ya+bX (Round the "Variable cost per unit" to 2 decimal places.) 5 Variable Cost per Machine-Hour Fixed Cost 15 point Und cost Supervisory salaries cost Maintenance cost Total overhead cost $ 0.005 0 0124 48 Book 4. What total overhead cost would you expect to be incurred at an activity level of 81000 machine hours? (Round the "Variable cost per unit" to 2 decimal places.) Total Overvados