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Production and average cost data for 2 levels of monthly production volume. Company produces a single product. Production Volume------------------------7000 units---------------------8000 units Direct Materials----------------------------$246400----------------------$281600 Direct Labor--------------------------------$350700----------------------$400800

Production and average cost data for 2 levels of monthly production volume. Company produces a single product.

Production Volume------------------------7000 units---------------------8000 units

Direct Materials----------------------------$246400----------------------$281600

Direct Labor--------------------------------$350700----------------------$400800

Mfg Overhead------------------------------$860300---------------------$872000

  1. The best estimate of the total monthly fixed manufacturing cost is:

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