Nova Company's total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 49,000 $201 ,160...

Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 39,000 machine-hour level of activity is:

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Nova Company’s total overhead cost at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 49,000 $201 ,160May 39,000 $176,760June 59,000 $225,560July 69,000 $249,960 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. Thebreakdown of these costs at the 39,000 machine-hour level of activity is: Utilities (variable) $ 50,700Supervisory salaries (fixed) 67,000Maintenance (mixed) 59,060Total overhead cost $176,760 Nova Company’s management wants to break down the maintenance cost into its variable and fixed costelements. Required: 1. Estimate how much of the $249,960 of overhead cost in July was maintenance cost. (Hint: To do this, itmay be helpful to first determine how much of the $249,960 consisted of utilities and supervisorysalaries. Think about the behavior of variable and fixed costs!) (Do not round intermediate calculations.) _:|