Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May June July Machine-Hours 70,000 60,000 80,000 90,000 Total Overhead Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost Cost $202,600 $180,900 $224,300 $246,000 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60,000-machine-hour level of activity in May is as follows: 4 $ 50,400 21,000 109,500 $180,900 The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed costs within the relevant

Crosshill Company's total overhead costs at various levels of activity are presented below: Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60.000 -machine-hour level of activity in May is as follows The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overheod cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of varioble and fixed costs within the relevant Crosshill Compony's total overhead costs at various levels of activity are presented below: Assume that the overhead cost above consists of utilities, supervisory solaries, and maintenance. The breakdown of these costs at the 60,000 -machine-hour level of activity in Moy is as follows: The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 consisted of utilities and supervisory salaries. Think obout the behaviour of variable and fixed costs within the relevant Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed costs within the relevant range.) (Round the "Variable cost per unit" to 2 decimal places.) Answer is complete but not entirely correct. 2. Using the high-low method, estimate a cost formula for maintenance (Round the "Variable cost per unit" to 2 decimal places.) Answer is comnlete hat not entirelu rorrect. Answer is complete but not entirely correct. 3. Express the company's total overhead cost in the form Y=a+bX (Round the "Vorioble cost per unit" to 2 decimol ploces.) Answer is complete but not entirely correct. Answer is complete but not entirely correct. r= 1 4. What total overhead cost would you expect to be incurred at an activity level of 75,000 machine-hours? (Round the "Variable cost per unit" to 2 decimal plsces.)