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Check my 4 Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year according to the number of machine houts worked in its production facility. These costs at high and low levels of activity over recent years are given below: Machine hours Total factory overhead costs Level Activity L High 85,00 205,000 142,045,000 547,605,000 The factory overhead costs above consist of indirect materials, rent and maintenance. The company has analyzed these costs at the 85,000 machine hours level of activity as follows: Indirect waterials (variable) Herit fixed) Haintenance (ed) Total factory wheel costs $15, 215,000 17,000,000 29.110.000 $43,005,000 For planning purposes, the company wants to break down the maintenance cost into its variable and fixed cost elements Required: 1. Estimate how much of the factory overhead cost of $47.005.000 at the high level of activity costs of maintenance cost Montanance You skipped this question in the previous attempt Check 4 Mocos Spoel 2. Using the high-low method, estimate a cost formula for maintenance 3. What fotovestead costs would you expect the company to incur of an operating level of 90.000 machine boost

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