Davis 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 Direct materials Direct labor Manufacturing overhead 1,000 units $ 44,200 $ 37,300 $ 48,500 2,000 units $ 88,400 $ 74,600 $ 62,200 The best estimate of the total monthly fixed manufacturing cost is: $177,600 $130,000 $225,200 $34,800 Frank Company operates a cafeteria for its employees. The number of meals served each week over the last seven weeks, along with the total costs of operating the cafeteria are given below: Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Meals served 1,500 1,600 1,800 1,450 1,200 1,650 1,900 Cafeteria costs $ 4,800 5,080 $ 5,280 $ 4,900 4,000 $ 5,100 5,400 Assume that the relevant range includes all of the activity levels mentioned in this problem. Assume that the cafeteria expects to serve 1,850 meals during Week 8. Using the high-low method, the expected total cost of the cafeteria would be: 0 $4,375 O $5,300 O $5,180 O $5,340