Carbaugh 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	4,300	units	5,300	units
Direct materials	$78.90	per unit	$78.90	per unit
Direct labor	$52.20	per unit	$52.20	per unit
Manufacturing overhead	$77.30	per unit	$68.30	per unit

The best estimate of the total cost to manufacture 5,000 units is closest to: (Do not round intermediate calculations.)

$1,026,490

$1,015,315

$1,008,610

$977,320