Problem 1 Estimating Future Costs October November Production 20,000 units 30,000 units Materials $23,000 $34,500 Labor $34,000 $51,000 $12,000 Rent $12,000 Depreciation $16.000 $16,000 Total Costs $85,000 $113,500 1.2 What are the estimated costs if production in December is expected to be 19,000 units? $54,150 $28,000 $32,300 $82,150