TB MC Qu. 5-48 (Algo) The controller of Fortnight Co. has requested...

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for the month of July, when production is expected to be 510,000 units to meet the ending inventory requirements and sales of 515,000 units. Fortnight Co.'s budget analyst has the following actual data for the last three months.

Month	Production in Units				Manufacturing Supplies
March		470,000			$	710,960
April		580,000				853,960
May		520,000				767,160

Using the high-low method to develop a cost estimating equation, the total estimated cost of needed manufacturing supplies for July would be: