The controller of Fortnight Company 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 600,000 units to meet the ending inventory requirements and sales of 605,000 units. Fortnight Company's budget analyst has the following actual data for the last three months. 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) Multiple Choice $720,000. $726,000. $776,860. $770,860