Tesla, Inc has provided the following data for two levels of monthly production volume. Assume that the company only produces Model 3 vehicles. Production volume 6,000 unit Direct materials $ 369,600 Direct labor $ 309,600 Manufacturing overhead $ 919,800 The estimated total monthly fixed manufacturing cost is: 919800 Larker Brothers, Inc., used the high-low method to derive its cost formula for electrical power cost. According to the cost formula, the variable cost per unit of activity is $4 per machine-hour. . Total electrical power cost at the high level of activity was $19,200 and at the low level of activity was $18,000. If the high level of activity was 3,300 machine-hours, then the low level of activity was: a. 3,100 machine hours b. 3,000 machine hours O c. 3,200 machine hours O d. 2,900 machine hours Clear my choice Apple's inspection costs are given below: Units Produced Inspection Costs April 119 8,558 May 117 8,535 June 113 8,415 July 125 8,736 August 152 9,357 September 108 8,320 October 120 8,603 November 192 9,837 Management believes that inspection cost is a mixed cost that depends on the number of units produced. Using the regression method, the estimates of the variable and fixed components of inspection cost would be closest to: Management believes that inspection cost is a mixed cost that depends on the number of units produced. Using the regression method, the estimates of the variable and fixed components of inspection cost would be closest to: (Use Microsoft Excel to estimate the fixed cost and variable cost per unit) a. $67.74 per unit plus $8,858 per month O b. $24.01 per unit plus $5,727 per month O c. $18.52 per unit plus $6,373 per month O d. $24.08 per unit plus $5,709 per month Tesla, Inc has provided the following data for two levels of monthly production volume. Assume that the company only produces Model 3 vehicles. Production volume 6,000 unit Direct materials I $ 369,600 Direct labor $ 309,600 Manufacturing overhead $ 919,800 The estimated total monthly fixed manufacturing cost is: 919800