Exercise $5-31($Algo$)$ Methods of Estimating Costs: Account Analysis $($LO $5-1,2)$

Summit Corporation manufactures machines for the apparel industry. The production manager and cost analyst reviewed the accounts for the previous quarter and have provided an estimated breakdown of the fixed and variable portions of manufacturing overhead:

$\backslash$table$[[,,,],[$Administration and supervision,Fixed,Variable,Total$],[$Engineering and indirect labor,$$31,050,$$$10,100,$$$41,150$