The following information is available regarding the total manufacturing overhead of Bursa Mfg.Co. for a recent four-month period, Machine February March 5.100 3,200 4900 2.90 Manufacturing Overhead $ 310,000 224,000 263,500 190,000 1. Use the high low method to determine the variable element of manufacturing overhead costs per machine-hour (Round your answer to 2 decimal places.) -2. Use the high low method to determine the fixed element of monthly overhead cost (Round "Manufacturing overhead cost" to 2. decimal places.) b. Bursa expects machine hours in May to equal 5.300. Use the cost relationships determined in part a to forecast Mays manufacturing overhead costs (Round "Manufacturing overhead cout" to 2 decimal places.) c. Suppose Bursa had used the cost relationships determined in part a to estimate the total manufacturing overhead expected for the months of February and March. By what amounts would Bursa dve over or underestimated these cost:? (Round "Manufacturing overhead cout" to 2 decimal places.) por machine hour Manufacturing overhead con 2 Predament of monthly overhead.com naning the cost Amount February March Underestimated Ovo estimated