Question: The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single
The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single product Production volume 4,000 units $ 88.40 per unit Direct materials 2,000 $ 88.40 units per unit Direct labor $ 20.60 per unit $ 20.60 per unit Manufacturing overhead i $ 86.90 per unit $55.30 per unit The best estimate of the total monthly fixed manufacturing cost is: (Round your intermediate calculations to 2 decimal places.)
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