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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 15,400 units 17,000 units
Direct materials $883,960 $975,800
Direct labor $254,100 $280,500
Manufacturing overhead $1,012,800 $1,040,480

The best estimate of the total cost to manufacture 16,500 units is closest to: (Do not round intermediate calculations.)

$2,157,940

$2,227,870

$2,251,180

$2,297,800

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