I need help please

9 Problem 5A-8 High-Low Method: Predicting Cost [L05-10] Nova Company's total overhead cost at various levels of activity are presented below: 10 Total points Machino- Overhead Honth Hours Coot April 51, one s 210,510 May 41.000 $ 184.410 June 61,000 $ 236.610 July 1'1. 000 $ 262.710 Assume that the total overhead cost above consists of utilitiesI supervisory salaries. and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) 5 57.400 supervisory salaries (fixed) 65,000 Maintenance [mixed] 62'010 Total. overhead cost: $184,410 Nova Company's management wants t0 break down the maintenance cost into its variable and xed C051 elements. Required: 1. Estimate how much of the $262,710 of overhead cost in July was maintenance cost. (Hint: to do this. it may be helpful to rst determine how mu ch of the $262,710 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs.) 2. Using the highlow method. estimate a cost formula for maintenance in the form Y: a + bx. 3. Express the company's total overhead cost in the form Y: a + bx. 4. What total overhead cost would you expect to be incurred at an activity level of 46.000 machinehours? x Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Estimate how much of the $262,710 of overhead cost in July was maintenance cost. (Hint: to do this, it may be helpful to first determine how much of the $262,710 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs.) (Do not round intermediate calculations.) Maintenance cost in July $ 103,540 x Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the high-low method, estimate a cost formula for maintenance in the form Y = a + bX. (Do not round your intermediate calculations. Round the "Variable cost per unit" to 2 decimal places.) Y = $ 15,500 X $ 1.24 x X Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Express the company's total overhead cost in the form Y = a + bX. (Do not round your intermediate calculations. Round the "Variable cost per unit" to 2 decimal places.) Variable Cost per Machine- Fixed Hour Cost Utilities cost Supervisory salaries cost Maintenance cost Total overhead cost $ 0.00 $ 0Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What total overhead cost would you expect to be incurred at an activity level of 46,000 machine-hours? (Do not round intermediate calculations.) Total overhead cost