The following information is available regarding the total manufacturing overhead of Bursa Mfg. Co. for a recent four-month pe Machine- Manufacturing Hours 5,800 3,200 4,9ee 2,700 Overhead January February March $ 310, 224,e00 263,800 180, April a-1. Use the high-low method to determine the varlable element of manufacturing overhead costs per machine-hour. (Round y answer to 2 decimal places.) a-2. Use the high-low method to determine the fixed element of monthly overhead cost. b. Bursa expects machine-hours in May to equal 5,300. Use the cost relationships determined in part a to forecast May's manufacturing overhead costs. c. Suppose Bursa had used the cost relationships determined in part a to estimate the total manufacturing overhead expected months of February and March. By what amounts would Bursa have over- or underestimated these costs? - per machine hour Manufacturing overhead cost 1 - Fixed element of monthly overhead cost 2 Estimated manufacturing overhead cost b. Amount February March Next > 1 of 4 Prev