Question - Carmichael Corporation expects to incur $8 of raw materials and $5 of direct labor for every widget that is produced. The corporation expects to incur indirect overhead costs of $60,000 per month. The expected annual production for 2008 is 240,000 units. If 22,000 units are produced in January 2008, what is the total expected production cost for the month?
$346,000
$352,000
$291,500
$286,000
None of the above