Question - Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.
Production volume
|
8,800
|
units
|
9,800
|
units
|
Direct materials
|
$83.90
|
per unit
|
$83.90
|
per unit
|
Direct labor
|
$53.20
|
per unit
|
$53.20
|
per unit
|
Manufacturing overhead
|
$75.40
|
per unit
|
$68.40
|
per unit
|
The best estimate of the total cost to manufacture 9,400 units is closest to: (Do not round intermediate calculations.)
$1,963,045
$1,956,340
$1,925,050
$1,974,220