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Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.
Production volume | 15,500 | units | 17,000 | units | ||
Direct materials | $ | 1,013,700 | $ | 1,111,800 | ||
Direct labor | $ | 317,750 | $ | 348,500 | ||
Manufacturing overhead | $ | 1,006,000 | $ | 1,032,850 | ||
The best estimate of the total monthly fixed manufacturing cost is: (Round your intermediate calculations to 2 decimal places.)
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