Fix Depreciation. Maintenance. Machine setup $0.30 per machine-hour $200 plus $0.10 per machine-hour 53. The Frandsen Company has estimated the following cost formulas for overhead: Lubricants, Utilities. Cost Formula $1,500 plus $0.50 per machine-hour $2.000 plus $0.60 per machine-hour $1,000 1,450 + F 2,180 1000 is: A. $4,950 B. $5,000 Based on these cost formulas, the total overhead cost expected at an activity level of 300 machine hours + + C. $4,700 D. $5,150