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The opportunity cost of making a component part in a factory with no excess capacity is the: variable manufacturing cost of the component fixed manufacturing cost of the component total manufacturing cost of the component net benefit foregone from the best alternative use of the capacity required At an activity level of 9,600 machine-hours in a month, Chrissie Corporation's total variable production engineering cost is $827,520 and its total fixed production engineering cost is $248,490. What would be the total production engineering cost per machine-hour, both fixed and variable, at an activity level of 9,900 machine-hours in a month? Assume that this level of activity is within the relevant range. (Round intermediate calculations to 2 decimal places.) $110.41 $111.48 $111.30 $110.95 None of these answers