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For planning purposes, the company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the factory overhead cost of $42,709,000 at the high level of activity consists of maintenance cost. Maintenance cost 2. Using the high-low method, estimate a cost formula for maintenance. Y = 3. What total overhead costs would you expect the company to incur at an operating level of 68,000 machine-hours? Total farten overhead masts For planning purposes, the company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the factory overhead cost of $42,709,000 at the high level of activity consists of maintenance cost. Maintenance cost 2. Using the high-low method, estimate a cost formula for maintenance. Y = 3. What total overhead costs would you expect the company to incur at an operating level of 68,000 machine-hours? Total farten overhead masts