NUVO Lully > LUDI UVEAU LUST OL VAHUus Tevers UI OLUVrty dre piese Veluw. Month April May June July Nichine- Tours 53,000 43,000 63,000 73,000 Total Overhead Cost $ 182,120 $ 158,720 $ 205,520 $ 228,920 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of thes at the 43,000 machine-hour level of activity is: 1 Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 51,600 41,000 66, 120 $ 158,720 nces Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $228,920 of overhead cost in July was maintenance cost. (Hint: to do this, it may be helpful to first determine how much of the $228,920 consisted of utilities and supervisory salaries. Think about the behavior of variable and f costs.) 2. Using the high-low 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 48,000 machine-hours? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Etims mesotho 50 ann nfnomhandat in lise maintanana ruimte whiwha humbur fit Prey 1 of 2 : Next > Required 1 Required 2 Required 3 Required 4 Estimate how much of the $228,920 of overhead cost in July was maintenance cost. (Hint: to do this, it may be help determine how much of the $228,920 consisted of utilities and supervisory salaries. Think about the behavior of vari fixed costs.) (Do not round intermediate calculations.) Maintenance cost in July Required 1 Required 2 > 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.) Express the company's total overhead cost in the form Y = a + bx. (Do not round your intermediate calculations. Variable cost per unit to 2 decimal places.) Fixed Cost Variable Cost per Machine Hour Utilities cost Supervisory salaries cost Maintenance cost Total overhead cost ME Complete this question by entering your answers in the tabs below. ferences Required 1 Required 2 Required 3 Requirdd 4 Required 4 What total overhead cost would you expect to be incurred at an activity level of 48,000 machine-hours? (Do not round intermediate calculations.) Total overhead con (Required 3 Required 4 >