Month April May June Machine-Hours 63, eee 53,000 73,00e 84,e00 Cost $115, eee $138, 000 $326, 000 $193,000 July Assume that the overhead cost above consists of utilities, supervisory salaries, and...

Extracted text: Month April May June Machine-Hours 63, eee 53,000 73,00e 84,e00 Cost $115, eee $138, 000 $326, 000 $193,000 July Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 53,000-machine-hour level of activity in May is as follows Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) $ 25,000 28, 000 85,000 $138, 000 Total overhead cost The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $193,000 of overhead cost in July was maintenance cost. (Hint To do this, first determine how much of the $193,000 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.) 11,623 Maintenance cost in July