Caraco Corporation has provided the following production and average cost data for two levels of...
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Accounting
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
6,000
units
7,000
units
Direct materials
$
75.90
per unit
$
75.90
per unit
Direct labor
$
50.20
per unit
$
50.20
per unit
Manufacturing overhead
$
77.80
per unit
$
70.80
per unit
The best estimate of the total cost to manufacture 6,400 units is closest to: (Round your intermediate calculations to 2 decimal places.)
Garrison 16e Rechecks 2017-08-04, 2017-09-08
Multiple Choice
$1,285,360
$1,254,070
$1,303,240
$1,292,065
Answer & Explanation
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