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 break 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 overhead cost in July was maintenance cost. (Hint: To do this, first the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed range.) (Round the "Variable cost per unit" to 2 decimal places.) 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 breakd 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 overhead cost in July was maintenance cost. (Hint: To do this, first the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed range.) (Round the "Variable cost per unit" to 2 decimal places.) Cycle Accessories manufacturers cellphone holders that can be mounted on the handle bars of most motorcycles. T process is highly automated and management feels that machine-hours are likely the main driver of overhead costs. most recent year are shown below. Required: 1. Using least-squares regression, estimate the fixed cost and variable cost elements of monthly overhead costs. Estin cost element to the nearest dollar and the variable cost element to the nearest cent