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PLEASE SHOW ALL THE WORK SO I CAN UNDERSTAND HOW THE ANSWER IS REACHED! THANK YOU!
Cardiv 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 10,200 units 11,200units
Direct materials $77.90 p/u $77.90 p/u
Direct labor $49.20 p/u $49.20 p/u
Manuf overhead $73.90 p/u $67.90 p/u
The best estimate of the total cost to manufacture 10,700 units is closest to: (Do not round intermediate calculations.)
$2,085,810
$2,117,100
$2,134,980
$2,123,805
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