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 labor-hours worked in the factory. Total factor overhead costs at high and low levels of activity for recent years are given below: Level of Activityhi Low High Direct labor-hours 57,900 77,200 Total factory overhead costs $ 289,680 $332.140 The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 57.900-hour level of activity as follows: Indirect materials (variable) Rent (fixed) Maintenance (mixed) Total factory overhead costs $104,220 130,000 55,460 $289,680 10:49 AM 3. What total factory overhead costs would you expect the company to incur at an operating level of 63,690 direct labor- hours? (Do not round intermediate calculations.) Total factory overhead cost $ 302,318 element Y = $ 32,300 + $ 0.40 X