page 1 No resultsO Options V ter 20 homework Seved He information is avallable regarding the total manufacturing overhead of Bursa Mtg. Co. for a recent four-month period Machine- Manufacturing Hours 6,800 February 3,280 4,988 2,500 rhead 328,888 224,800 264,800 180,800 January March April Book Print rncesc. Suppose 0-1. Use the high-low method to determine the variable element of manufacturing overhead costs per machine-hour o-2 Use the high-low method to determine the fixed element of monthly overhead cost b. Bursa expects manufacturing overhead costs machine-hours in May to equal 4,500. Use the cost relationships determined in part a to forecast May's Bursa had used the cost relationships determined in part a to estimate the total manufacturing overhead expected for the months of February and March. By what amounts would Bursa have over-or underestimated these costs? 60 per machine hour a-2 Fixed element of monthly overhead cost overhead cost270,000 C February 46,000