Golden Companys total overhead cost at various levels of activity are presented below:

Month	Machine-Hours	Total Overhead Cost
March	50,000	$192,900
April	40,000	$167,300
May	60,000	$218,500
June	70,000	$244,100

Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 40,000 machine-hour level of activity is as follows:

Utilities (variable)	$	60,000
Supervisory salaries (fixed)		48,000
Maintenance (mixed)		59,300
Total overhead cost	$	167,300

The company wants to break down the maintenance cost into its variable and fixed cost elements.

Using the high-low method, estimate a cost formula for maintenance. (Round the "Variable cost per unit" to 2 decimal places and "Fixed cost" to the nearest dollar amount. Omit the "$" sign in your response.)

Y

=

$

+

$

X