Need 2 &3

ssignment Problem 5A-8 High-Low Method; Predicting Cost [LO5-10] Nova Company's total overhead cost at various levels of activity are presented below Machine-Overhead April 70,000 $198,000 60,000 $174,000 80,000 $222,000 Suly90,000 $246,000 Hay Assume that the total overhead cost above consists of utities, supervisory salares, and maintenance. The breakdown of these costs at the 60,000 machine-hour level of activity is Utilities (variable) aupervisory salaries (fixed) Maintenance (mixed) Total overhead cost 48,000 21, 000 105,00O $174,000 Nova Company's management wants to break down the maintenance cost into its variable and nxed cost eiements