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X Company manufactures a single product and estimates total manufacturing costs each month. The accountant provides the following information about its manufacturing process: Direct material

X Company manufactures a single product and estimates total manufacturing costs each month. The accountant provides the following information about its manufacturing process:

Direct material quantity 2.5 pounds per unit of finished product
Direct material price $20.60 per pound
Direct labor time 2.0 hours per unit of finished product
Direct labor wage rate $12.80 per hour

Question: The monthly overhead cost function is $3,500+$2.20X, where X is the number of units produced. If X Company expects to produce 1,040 units in March, what are estimated total manufacturing costs for for March?

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