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The following selected data were taken from the accounting records of Colorado Enterprises: Manufacturing Overhead Machine Month Hours May 50,000 $ 929,000 June 61,600

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The following selected data were taken from the accounting records of Colorado Enterprises: Manufacturing Overhead Machine Month Hours May 50,000 $ 929,000 June 61,600 1,146,000 July 76,000 1,359,300 August 56,000 988,000 Manufacturing overhead consists of three different costs: (1) machine supplies (variable), (2) property taxes (fixed), and (3) plant maintenance (semivariable). July's overhead costs were $174,500 for machine supplies, $24,800 for property taxes, and $1,160,000 for plant maintenance. Required: A. Determine the machine supplies and property taxes for May. B. By using the high-low method, analyze Colorado's plant maintenance cost and calculate the monthly fixed portion and the variable cost per machine hour. C. Assume that present cost behavior patterns continue into future months. Estimate the total amount of manufacturing overhead the company can expect in September if 57,600 machine hours are worked. For all requirements, round intermediate rate calculations to 2 decimal places and all other intermediate calculations to the nearest whole dollar. Round your final answers for "Variable plant maintenance" to 2 decimal places and all other calculations to the nearest whole dollar. A. Machine supplies Property taxes B. Plant maintenance in May Variable plant maintenance Fixed plant maintenance c. Manufacturing overhead per hour < Prev 15 of 33 Next >

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