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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. Production

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 11,800 units 12,800 units
Direct materials $ 77.90 per unit $ 77.90 per unit
Direct labor $ 55.20 per unit $ 55.20 per unit
Manufacturing overhead $ 73.90 per unit $ 68.90 per unit

The best estimate of the total cost to manufacture 12,400 units is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$2,546,280

$2,535,105

$2,497,110

$2,528,400

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