Solution-Determine how much of the consisted of maintenance

Determine how much of the consisted of maintenance cost

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Question 1: As shown, overhead costs in May amounted to $286,000. Determine how much of this consisted of maintenance cost.To) it may be helpful to first determine how much of the $286,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed costs!) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)

Question 2: By means of the high-low method, estimate a cost formula for maintenance. (Do not round intermediate calculations. Round "Fixed cost" answer to the nearest whole dollar and "Variable cost" answer to 2 decimal places.)

Question 3: Express the company's total overhead costs in the linear equation form Y = a + bX. (Do not round intermediate calculations. Round "Fixed cost" answer to the nearest whole dollar and "Variable cost" answer to 2 decimal places.)

Question 4: What total overhead costs would you expect to be incurred at an operating activity level of 76,000 machine-hours? At an operating activity level of 91,000 machine-hours? (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)

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Determine how much of the consisted of maintenance cost : Determine how much of this consisted of maintenance cost.To) it may be helpful to first determine how much of the $286,000 consisted of utilities

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Determine how much of the consisted of maintenance cost

Reference no: EM132707885

Reference no: EM132707885

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