Required: 1. Estimate how much of the Y14,311,000 factory overhead cost at the high ievel of activity consists of maintenance cost. (Hint To do this, it may be helpful to first determine how much of the Y14,311,000 consists of indirect materials and rent. Think aboin the befiuvion of variable and fixed costsh? 2. By means of the high-low method of cost antysts, estimate a cost formula for maintenance. (Rourid the "Veriable cost" to 2 decimal places.) 3. What total factory overhead costs would you expect the company to incur at an operating level of 76,000 direct labour-hours? (Do not round intermediete colculations.) 3. What total factory overhead costs would you expect the company to incur at an operating level of 76,000 direct labour hours? (Do not round intermediote calculations.) Required: 1. Estirnate how much of the 14,311,000 factory overhead cost at the high level of activity consists of maintenance cost (Hint To do this, it may be helpful to first determine how much of the Y14,311,000 consists of indirect materials and rent. Think about the behaviour of variable and fixed costsly. 2. By means of the hightow method of cost andysis, estimate a cost formula for maintenance. (Round the "Variable cost" to 2 decimel places.) Sawaya Co, Ltd, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labour-hours worked in the factory. Total factory overhead costs fin Japanese yen, denoted y) at high and low levels of activity for recent years are provided below. The factory overhead costs above consist of indirect materiais, rent, and maintenance. The company has anafyzed these costs at the 190,000 - hour level of activity as follows. V= varlable, F= fived; M= mixed Required: Ot varuble and fored costs) 3. What total ractory overhead costs would you expect the company to incur at an operating level of 76,000 direct iabour hours? (Dos not round intermediate colculations.) Samaya Co, Lid, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labour hours worked in the factiony. Total factory overthead costs fin tapanese yen, denoted 7 ) at high and low levels of acivity for recent years are provided betiow The factory overtheod costs above consist of indirect materals, rent, and maintenance. The company has analyzed these costs at the 190,000 hour level of activity as foliows V= variable; F= fixed, M=r mixed. Fo hove data avaifable for planning. the company wants to break, the mainteriance cost down into its vartable and fixed cost elements. Required: 1. Estimate how much of the 14,311,000 factory overhead cost at the high level of activity consists of maintenance cost. (Hint: To do his, it may be helpful to fist determine how much of the $14,311,000 consists of indirect materials and rent. Think about the behaviour. of variable and foxed costs!)