The writer is very fast, professional and responded to the review request fast also. Thank you.
Nova Company’s total overhead cost at various levels of activity are presented below: Month Machine-Hours TotalOverhead Cost ——————————————————————————–Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000 machine-hour level of activity is:——————————————————————————————————————————————————————————————————————————————————————————————————————————–Nova Company’s management wants to break down the maintenance cost into its variable and fixed cost elements.Requirement 1: Estimate how much of the $229,145 of overhead cost in July was maintenance cost. (Hint: to do this, it may be helpful to first determine how much of the $229,145 consisted of utilities and supervisory salaries. Think about the behavior of variable and fixed costs!) (Omit the “$” sign in your response.)Requirement 2: Using the high-low method, estimate a cost formula for maintenance. (Round the variable portion of the formula to 2 decimal places. Omit the “$” sign in your response.) Y = $ + $ X Requirement 3: Express the company’s total overhead cost in the linear equation form Y = a +bX. (Round the variable portion of the formula to 2 decimal places. Omit the “$” sign in your response.) Y = $ + $ X Requirement 4: What total overhead cost would you expect to be incurred at an operating activity level of 46,200 machine-hours? (Round your answer to the nearest dollar amount. Omit the “$” sign in your response.)
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more