The following production and average cost data for two levels of monthly production volume have...
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Accounting
The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single product:
Production volume
1,000 units
3,000 units
Direct materials
$13.20 per unit
$13.20 per unit
Direct labor
$14.50 per unit
$14.50 per unit
Manufacturing overhead
$65.40 per unit
$29.40 per unit
The best estimate of the total cost to manufacture 1,200 units is closest to:
$68,520
$100,920
$111,720
$90,120
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