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Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.
Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume Direct materials 7,000 units $ 87.40 per unit 8,000 units $87.40 per unit Direct labor $ 20.20 per unit $20.20 per unit Manufacturing overhead $101.50 per unit $90.80 per unit The best estimate of the total cost to manufacture 7,300 units is closest to: (Round your Intermediate calculations to 2 decimal places.)
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