Question
X Company manufactures a single product and estimates total manufacturing costs each month. The accountant provides the following information about its manufacturing process: Direct
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 Direct material price Direct labor time Direct labor wage rate 2.5 pounds per unit of finished product $22.10 per pound 1.3 hours per unit of finished product $16.60 per hour The monthly overhead cost function is $3.900+$2.10x, where X is the number of units produced. The company produced 1,050 units in February and expects to produce 920 units in March. What are estimated total manufacturing costs in March?
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