Question: Using the following cost formulas for the five overhead items, calculate the total overhead cost at 600 machine hours. You have fixed, mixed and variable

Using the following cost formulas for the five overhead items, calculate the total overhead cost at 600 machine hours. You have fixed, mixed and variable costs. You need to calculate the total cost for each item and add them all together.

Cost	Cost formula
	Fixed	Per MH
Indirect materials	$2,000	$0.40
Maintenance	$1,500	$0.60
Machine set up	na	$0.30
Utilities	$200	$0.10
Depreciation	$800	na

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