Help Save & Exit Submit Check my work Required: 1. Estimate how much of the $215,340 of overhead cost in July was maintenance cost. (Hint To do this first determine how much of the $215,340 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fed costs within the relevant range.) (Do not round Intermediate calculations.) Maintenance cost in July 00-45 2. Using the high-low method, estimate a cost formula for maintenance. (Do not round your intermediate calculations. Round the "Variable cost per unit" to 2 decimal places.) Machine Hours Maintenance Cost High activity level Low activity level Change 050 per MH Variable cost element Fixed cost element !! Next > re to search o e og Help Save & Exit Submit Check my work Required: 1. Estimate how much of the $215,340 of overhead cost in July was maintenance cost. (Hint To do this first determine how much of the $215,340 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fed costs within the relevant range.) (Do not round Intermediate calculations.) Maintenance cost in July 00-45 2. Using the high-low method, estimate a cost formula for maintenance. (Do not round your intermediate calculations. Round the "Variable cost per unit" to 2 decimal places.) Machine Hours Maintenance Cost High activity level Low activity level Change 050 per MH Variable cost element Fixed cost element !! Next > re to search o e og