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Find the best estimate of the total cost to manufacture

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Reference no: EM132528497

Caraco 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 10,200units 11,200units

Direct materials$77.90per unit$77.90per unit

Direct labor$49.20per unit$49.20per unit

Manufacturing overhead$73.90per unit$67.90per unit

Question 1: The best estimate of the total cost to manufacture 10,700 units is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

Option 1: $2,123,805

Option 2: $2,134,980

Option 3: $2,117,100

Option 4: $2,085,810

Reference no: EM132528497

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