Crosshill Company's total overhead costs at various levels of activity are presented below: Total Overhead Cost $204,400 $183,600 Month April May June July Machine-Hours 70,000 60,000 80,000 90,000 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60,000-machine-hour level of activity in May is as follows: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $225,200 $246,000 Maintenance cost in July $ 52,200 21,000 110,400 $183,600 The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 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.)

Crosshill Company's total overhead costs at various levels of activity are presented below: Total Overhead Cost $204,400 $183,600 Month April May June July Machine-Hours 70,000 60,000 80,000 90,000 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60,000-machine-hour level of activity in May is as follows: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $225,200 $246,000 Maintenance cost in July $ 52,200 21,000 110,400 $183,600 The company wants to break down the maintenance cost into its variable and fixed cost elements. Required: 1. Estimate how much of the $246,000 of overhead cost in July was maintenance cost. (Hint: To do this, first determine how much of the $246,000 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.)

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Description: Hello expert need answer for all requirements with all working Crosshill Company's total overhead costs at various levels of activity are presented below:Total OverheadCost$204,400MonthAprilMayJuneJulyMachine-Hours70,00060,00080,00090,000Assume that

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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