PLEASE HELP MEEE

Problem 5A-8 (Algo) High-Low Method; Predicting Cost [LO5-10] Nova Company's total overhead cost at various leveis of activity are presented below: Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 43,000 machine-hour level of activity is: 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 $213,480 of overhead cost in July was maintenance cost. (Hint to do this, it may be helpful to first determine how much of the $213,480 consisted of utilities and supervisory salaries. Think about the behovior of variable and fixed costs.) 2. Using the hightow method, estimate a cost formula for maintenonce in the form Y=a+bX. 3. Express the company's total overhead cost in the form Y=a+bX 4. What total overhead cost would you expect to be incurred at an activity level of 48,000 machine-hours? Complete this question by entering your answers in the tabs below. Estimate how much of the $213,480 of overhead cost in July was maintenance cost, (Hint to do this, it may be helpful to first determine how much of the $213.480 consisted of utilities and subervisorv salaries. Think about the behavior of variable and Required: 1. Estimate how much of the $213,480 of overhead cost in July was maintenance cost. (Hint: to do this, it may be helpful to first determine how much of the $213,480 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 Y=a+bX. 4. What total overhead cost would you expect to be incurred at an activity level of 48,000 machine-hours? Complete this question by entering your answers in the tabs below. Using the high-low method, estirtate a cost formula for maintenance in the form Y=a+bX. (Do not round your intermediate calculations. Round the "Variable cost per machine hour" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Express the company's total overhead cost in the form Y=a+bX. (Do not round your intermediate calculations. Round the "Variable cost per machine hour" to 2 decimal places.) Complete this question by entering your answers in the tabs below. What total overhead cost would you expect to be incurred at an activity level of 48,000 machine-hours? (Do not round intermediate calculations.)