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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 6,000 units 8,500 units
Direct materials $341,400 $483,650
Direct labor $87,000 $123,250
Manufacturing overhead $1,005,400 $1,040,150

The best estimate of the total monthly fixed manufacturing cost is: (Do not round intermediate calculations.)

$919,000

$925,000

$922,000

$929,500

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