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Please answer the following two questions. The answers already written down may not be correct. Use the information to answer questions 25 - 26: ted
Please answer the following two questions. The answers already written down may not be correct.
Use the information to answer questions 25 - 26: ted below: Nova Company's total overhead costs for January and February are presen Machine-Hours S170,ooo Month 60,000 $230,000 January February 90,000 Assume that the total overhead costs consists futilities, supervisory salaries and maintenance. lhe breakdown of these costs at 60,000 machine-hours is: $48,000 Utilities (variable) Supervisory salaries (fixed) S40,000 $82,000 Maintenance (mixed) $170,000 Total 25. What is the amount ofmaintenance cost incurred for the month of February? DO 26. Assume that 78,000 machine hours are used during the month ofMarch. What would you expect total overhead costs to be for March? (Hint: us the high-low method to determine the "Y = a + bX" cost equation for total overhead costs) , 000
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