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Question 3 (of 3) 3. value: 10.00 points Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead

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Question 3 (of 3) 3. value: 10.00 points Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April May June July 51,000 41,000 61,000 71,000 $221,150 $194,650 $247,650 $274,150 Assume that the total overhead cost above consists of utities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) 57,400 68,000 69,250 Total overhead cost $ 194,650 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements

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