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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

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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 650,000 units to meet the ending inventory requirements and sales of 655,000 units. Fortnight Co.'s budget analyst has the following actual data for the last three months. Month March April May Production in Units 540,000 720,000 660,000 Manufacturing Supplies $666,360 855,360 769,260 Using the high-low method to develop a cost estimating equation, the total estimated cost of needed manufacturing supplies for July would be: (CMA adapted)

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