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value: 5.00 points Nova Company's total overhead cost at various levels of activity are presented below: Total Machine- Overhead MonthHours April 50,000$179,100 May 40,000 $154,600

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value: 5.00 points Nova Company's total overhead cost at various levels of activity are presented below: Total Machine- Overhead MonthHours April 50,000$179,100 May 40,000 $154,600 June 60,000 $203,600 July 70,000 $228,100 Cost Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 40,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost S 52,000 42,000 60,600 $ 154,600 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $228,100 of overhead cost in July was maintenance cost. (Hint: To do this, it may be helpful to first determine how much of the $228,100 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs!) (Do not round intermediate calculations.) aintenance cost in July

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