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Nova Comparyy's total overhead costs at various levels of actlvify follow Assume that the total
overhead costs consist of utilates, supervisory salaries, and maintenance, The breakdown of these
costs at the 68.000 machine hout level of activity is as follows: V n variable; F = fioed; M =
mixed: Nova Company's management wants to break the maintenance cost down into lts basic
variable and tixed cost ekements: Required: 1. As shown, overthead costs in May amounted to
$278,000. Determine how much of this consisted of maintenance cost. ithint To da this, it may
be helpful to first determine how much of the $278 , 000 consisted of utilities and supervisory
salaries. Think about tie behaviour of variable and fised costs) (Do not round intermediate
colculations. Round your answers to the nearest whole dollor amount.] Required: benaviour of
varitble and fixed conts) (Do not round intermediete calculetions. Round yeuf anawers ie the
hearpit whole dols. emount) "Fixed coss" answer to the neore ist whole dollar and "Vprioble
cop" aniwer to 2 decimni placesy 3. Express the company's totar overhead costs in the Ayear
equaton Kom Y y + 2 b. (Do not round intermedibte ealculavions, Aound "Fixed cest" enswer te
the nesrest whale doller and "Yarioble cost" anwer to 2 decimol pleces). 4. What forad ove head
costs would you expect to be kicuined at an operating activiny ievet of 68,000 mak hine hours A
a a asesatiog) omount.) 3. Express the company's fotal overbead costs in the linear equation form
Y = a + b X . Do not round intermiadinta cniculations found "Fixed cost" answer to the nearest
whole dollar and "Variable cost" answer to 2 decimal ploces.1. 4. What total overhead costs
would you expect to be incurred at an operating activity level of 68,000 machine hours? A an
operaling activity level of 83,000 machine hours? (Do not round intermediate calculations.
Round your answers to the nearest whole dollar omount.)

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Nova Comparyy's total overhead costs at various levels of actlvify fol.pdf

  • 1. Nova Comparyy's total overhead costs at various levels of actlvify follow Assume that the total overhead costs consist of utilates, supervisory salaries, and maintenance, The breakdown of these costs at the 68.000 machine hout level of activity is as follows: V n variable; F = fioed; M = mixed: Nova Company's management wants to break the maintenance cost down into lts basic variable and tixed cost ekements: Required: 1. As shown, overthead costs in May amounted to $278,000. Determine how much of this consisted of maintenance cost. ithint To da this, it may be helpful to first determine how much of the $278 , 000 consisted of utilities and supervisory salaries. Think about tie behaviour of variable and fised costs) (Do not round intermediate colculations. Round your answers to the nearest whole dollor amount.] Required: benaviour of varitble and fixed conts) (Do not round intermediete calculetions. Round yeuf anawers ie the hearpit whole dols. emount) "Fixed coss" answer to the neore ist whole dollar and "Vprioble cop" aniwer to 2 decimni placesy 3. Express the company's totar overhead costs in the Ayear equaton Kom Y y + 2 b. (Do not round intermedibte ealculavions, Aound "Fixed cest" enswer te the nesrest whale doller and "Yarioble cost" anwer to 2 decimol pleces). 4. What forad ove head costs would you expect to be kicuined at an operating activiny ievet of 68,000 mak hine hours A a a asesatiog) omount.) 3. Express the company's fotal overbead costs in the linear equation form Y = a + b X . Do not round intermiadinta cniculations found "Fixed cost" answer to the nearest whole dollar and "Variable cost" answer to 2 decimal ploces.1. 4. What total overhead costs would you expect to be incurred at an operating activity level of 68,000 machine hours? A an operaling activity level of 83,000 machine hours? (Do not round intermediate calculations. Round your answers to the nearest whole dollar omount.)