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Faraz Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.

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Faraz 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..... 5.000 units 6.000 units $70,500 $84,600 $130,500 $156,600 $802,000 $824,400 The best estimate of the total cost to manufacture 5,300 units is closest to: Select one: a. $1,002,230 b. $1,021,780 c. $1,063,180 d. $941,280

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