Question: How would this question be done? Please explain step by step as I struggle with accounting Crosshill Company's total overhead costs at various levels of

How would this question be done? Please explain step by step asI struggle with accounting Crosshill Company's total overhead costs at various levelsHow would this question be done? Please explain step by step as I struggle with accounting

Crosshill Company's total overhead costs at various levels of activity are presented below: Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60,000-machine-hour level of activity in May is as follows: The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 consisted of utilities and supervisory salaries. Think about the behaviour of variable and fixed costs within the relevant range.) (Round the "Variable cost per unit" to 2 decimal places.) 3. Express the company's total overhead cost in the form Y=a+bX. (Round the "Variable cost per unit" to 2 decimal places.)

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