home work chapter 6-1

CH Machine TO Cout Lori 2,000 $317.40 May 152, Jone 60, $ 230,00 wy 70,000 258,20 Assume that the total overhead cost above consists of is supervisorses and maintenance. The breakdown of these costs at the 40.000 machine hout level of activity is ities were 514.00 y series Halance 13 Nova Company's management wants to break down the manance contended contents Required Estimate how much of the $250.200 of overhead out in uw maintenance cost to do thay be high to test determine how much of the $250 200 ed of its und supervisory store. Toute belief arable and feed costs 2. Using the lowmetodate a contra for mainance the form 3. Es the company's stalove cost in the formy What to head cost would you ever to be incurred at an act level of 45,000 machine hours Cumplete this question by entering your answers in the tab. Na Catime now much the wind much of the 2.0 control Nova Company total overhead cost at various levels of activity are presented below cewe se, 1707.10 w . 13,000 . 5712. . 158, Assime that the total overhead cost above consists of the supervisory sales and maintenance. The breakdown of the cost at the 40,000 machine hour level of activity is ulties (wa) earles . ****96101 Total Nova Comowy management was to be down the matenance cost to its sable and fed content Required Le how much of the $250.300 of ovestead cont in July was maintenance cost. Hinc a do this may be put tott deme how much of the SS 200 concedit and boys. Thanks behavior and we ens 2. Using the high-low method, estimate a cost formula formance in the forma Express the company's fofaloverhead out in the form Yox 4 What totalved cost would you expect to the curred at an activity level of 45.000 machine hours Complete this puestion by entering your swers in the table wird Heads te how much of the 2.200 of verhead coin July was made cotit do this, it may be hurt to determine how much of the 300 consisted of literary states. This the behavior of the and Fred.) ( en intermec) Maint Check my work Machine Total Overhead Month Hours Cost April 58,000 $ 207,400 May 40,000 $ 182,000 June 68,000 $ 232,800 July 70,000 $ 258,200 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 $ 56,000 63,000 53,600 $ 102,000 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 $258,200 of overhead cost in July was maintenance cost. (Hint to do this, it may be helpful to first determine how much of the $258,200 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs) 2. Using the high-low method, estimate a cost formula for maintenance in the form Yox 3 Express the company's total overhead cost in the form Ya+bX 4 What total overhead cost would you expect to be incurred at an activity level of 45.000 machine hours? Complete this question by entering your answers in the tabs below. my w Machine TOERE Overhead Month Hours Cost April 50,00 52e7,40 May 40,00 $ 182,000 June 60,000 $ 232,880 July 70,000 $ 258,200 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) $ 56,000 Supervisory salaries (fixed) 63,000 Maintenance (mixed) 63,000 Total overhead cost $ 182,000 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 $258,200 of overhead cost in July was maintenance cost. (Hint to do this, it may be helpful to first determine how much of the $258,200 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs) 2. Using the high-low method estimate a cost formula for maintenance in the form Y= a bX 3 Express the company's total overhead cost in the form Yaa -bx 4. What total overhead cost would you expect to be incurred at an activity level of 45,000 machine-hours? Complete this question by entering your answers in the tabs below